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HRnetGroup sanguine on Staffline play, profitability amid macro headwinds
It acquired a 29.95% stake in troubled UK firm Staffline last year, and is looking for more opportunities in the M&A field.
"We are not interested in looking at companies where people want to sell out. It's more about co-owning, investing together and building it into something much bigger," says HRnetGroup executive director Adeline Sim.
BT PHOTO: YEN MENG JIIN
WITH its large exposure to the labour market in Singapore and North Asia, recruitment specialist HRnetGroup is in the eye of the Covid-19 storm. But its executive director Adeline Sim plans to tide it over by tapping demand for flexible staffing, while hunting for M&A opportunities that...
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