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HRnetGroup to Dissolve Dormant Subsidiary SPV2 Pte Ltd

Story Highlights
  • HRnetGroup is liquidating dormant subsidiary SPV2, with dissolution expected by February 2026.
  • The winding-up of SPV2 will not materially affect HRnetGroup’s assets or earnings for FY2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HRnetGroup to Dissolve Dormant Subsidiary SPV2 Pte Ltd

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HRnetGroup Ltd. ( (SG:CHZ) ) has shared an update.

HRnetGroup Limited has announced that its dormant subsidiary, SPV2 Pte Ltd, has held a final meeting in respect of its liquidation and is expected to be formally dissolved by the end of February 2026. The company stated that the winding-up of this non-operational entity will not have a material impact on its consolidated net tangible assets or earnings per share for the financial year ending 31 December 2025, signalling that the move is largely an administrative streamlining of its corporate structure rather than a change in operating strategy.

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-based company operating in the human resources and recruitment services industry. Headquartered along Orchard Road, it manages a portfolio of subsidiaries supporting its staffing and HR solutions across the region.

Average Trading Volume: 381,519

Technical Sentiment Signal: Buy

Current Market Cap: S$725.8M

See more insights into CHZ stock on TipRanks’ Stock Analysis page.

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