HRnetGroup's HRTech Brand Secures Sentosa Development Project

MT Newswires

01/22

HRnetGroup's (SGX:CHZ) HRtech arm, Octomate, secured a contract by the Sentosa Development Corp. to implement an integrated cloud services system, according to a Wednesday filing with the Singapore Exchange.

Shares of the HR services company were up over 1% in Thursday trading.

Under the project, Octomate will help streamline HR functions which include a headcount of around 750 on Sentosa Island.

The initial engagement is for a period of three years, with an option for a two-year extension.

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