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HRnetGroup Ltd. Reduces Investment in Quoted Securities

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HRnetGroup Ltd. Reduces Investment in Quoted Securities

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HRnetGroup Ltd. ( (SG:CHZ) ) just unveiled an announcement.

HRnetGroup Ltd. has announced the disposal of quoted securities, reducing its aggregate investment cost in these securities to below 25% of its latest audited consolidated net tangible assets. This strategic move reflects a decrease in the total market value of its quoted investments, which may impact the company’s financial positioning and investment strategy.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 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 Ltd. is a company based in Singapore, operating in the human resources industry. It provides a range of HR services and solutions, focusing on recruitment and staffing across various sectors.

Average Trading Volume: 79,901

Technical Sentiment Signal: Buy

Current Market Cap: S$697.2M

For an in-depth examination of CHZ stock, go to TipRanks’ Overview page.

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