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HRnetGroup Ltd. ( (SG:CHZ) ) just unveiled an announcement.
HRnetGroup Limited has disclosed that it holds 19.96% of the voting rights in UK-based Staffline Group PLC, triggering a mandatory notification of major holdings under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. The stake, originally acquired as an investment aligned with HRnetGroup’s strategy to expand opportunistically into new human resources markets, is not expected to have any material financial impact on the group at this stage, but underscores its continued push to broaden its international HR footprint.
The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.
More about HRnetGroup Ltd.
HRnetGroup Limited is a Singapore-incorporated human resources company that, together with its subsidiaries, invests in and operates businesses in the HR sector, with a strategy to opportunistically enter new markets in the human resources space.
Average Trading Volume: 151,076
Technical Sentiment Signal: Buy
Current Market Cap: S$730.7M
For an in-depth examination of CHZ stock, go to TipRanks’ Overview page.