HRnetGroup Limited is going public by offering 89.4m shares which made up of 85.6m shares under placement and 3.8m shares under the public offer.
The IPO will close on the 14th Jun at 12pm with a market cap of approximately $900m, which makes it one of the top IPO for this year in the SGX market.
The issue price is at $0.90 per share.
About The Company
HRnetGroup Limited is the largest Asia based recruitment agency in Asia Pacific with a dominance presence in Singapore.
It currently operates in a few key growth markets such as Tokyo, Hongkong and Shanghai, with a post successful IPO venturing overseas in these markets.
Unlike most recruitment firms, the company operates on an interesting co-ownership business model to align the employees' interests with the company.
The Group has two main businesses.
The first is engaging the recruitment agency (Recruit Express, ...