31 May '17, 6am

HRnetGROUP IPO: HRnetGroup, Singapore’s largest recruitment firm, is the latest IPO for retail investors here. Each… https://t.co/BoLgz8hbnG

HRnetGroup, Singapore’s largest recruitment firm, is the latest IPO for retail investors here. Each share would be priced between eighty and ninety cents per share with 6 million shares available for retail investors and 84 million shares for placement shares. With this ratio, I believe it might be too competitive for retail investors here to get a share if they ballot. HRnetGroup’s IPO has something that I like and yes, the presence of a Temasek-linked unit, Heliconia Capital Management as a shareholder since last October. I am not sure whether HRnetGroup stock will perform well like Osim stock which also has Temasek Holdings as a shareholder. I also like the fact that HRnetGroup has a geographic diversified business across ten Asian cities: Singapore, Kuala Lumpur, Bangkok, Hong Kong, Taipei, Guangzhou, Shanghai, Beijing, Tokyo and Seoul. In Singapore, the group has a ma...

Full article: http://thefinance.sg/2017/05/31/hrnetgroup-ipo/

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