HRNetGroup

Broker's Calls

HRnetGroup seen to ride on accretive acquisitions

SINGAPORE (Nov 13): RHB Research is keeping its “buy” call on HRnetGroup with an unchanged price target of $1.14 amid what could be the start of an acquisition spree backed by a $280 million war chest.

Results

HRnetGroup posts 20% rise in 3Q earnings to $10.7 mil

SINGAPORE (Nov 13): Recruitment business HRnetGroup saw its earnings jump 20.2% to $10.7 million for the 3Q ended September, from $8.9 million a year ago.

Broker's Calls

Could HRnetgroup be embarking on an acquisition spree?

SINGAPORE (Nov 10): RHB Research is maintaining its “buy” recommendation on HRnetgroup with a  target price of $1.14 while remaining positive on the group’s latest developments and prospects ahead.

Broker's Calls

HRnetGroup started at 'buy' by RHB with $1.14 price target

SINGAPORE (Nov 2): RHB is initiating coverage on HRnetGroup with a “buy” call and a target price of $1.14.

Results

HRnetGroup posts 10.3% decline in 2Q earnings to $7.3 mil on IPO expenses

SINGAPORE (Aug 14): HRnetGroup announced earnings of $7.3 million for the 2Q ended June, down 10.3% from the $8.2 million reported a year ago.

IPO

Singapore’s 2017 IPO activity to surpass that of 2016: PwC

SINGAPORE (July 3): The volume of IPO funds raised by end-2017 is expected to surpass 2016 levels with professional services leading the way as the sector with the most funds raised, according to PricewaterhouseCoopers (PwC) Singapore.  

IPO

HRnetGroup says public offering 68.3 times subscribed by retail investors

SINGAPORE (June 15): HRnetGroup says the public offering of 193.4 million new shares at 90 cents each was 68.3 times subscribed by retail investors.

IPO

HRnetGroup launches $174.1 mil IPO at 90 cents per share

SINGAPORE (June 8): Local recruitment firm HRnetGroup has lodged a prospectus for an initial public offering (IPO) to raise $174.1 million for 193.4 million shares, at an offer price of 90 cents per share.
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