HRnetGroup details subsidiary moves, stake increases and liquidation

SGX Filings

02/25

HRnetGroup Limited reported several corporate actions for the half year ended Dec, 31 2025.

The Group incorporated RecruitFast (Kunshan) Human Resources Co., Ltd. with a registered capital of 0.4 million Singapore dollars, holding a 60.00 % deemed interest.

It also completed the members’ voluntary liquidation of SPV2 Pte Ltd on Dec, 23 2025, reducing its deemed interest in that entity from 51.00 % to zero.

In addition, HRnetGroup acquired an extra 5.33 % stake in each of two operating divisions of PeopleSearch (Taiwan) Pte Ltd. Following the transactions, its deemed interests rose to 84.67 % in Division 1 and 94.67 % in Division 2. The cash consideration for these acquisitions amounted to 0.68 million Singapore dollars, while a previously disclosed figure for related transactions was revised to 1.76 million Singapore dollars.

The company said the actions are not expected to cause any material financial impact on the Group for the current financial year.

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