HRnetGroup

Singapore, Singapore Founded: 1992 • Age: 34 yrs Listed
Recruitment and staffing services are provided by HRnetGroup in Singapore.

About HRnetGroup

HRnetGroup is a publicly listed company based in Singapore (Singapore) founded in 1992 by Peter Sim. Recruitment and staffing services are provided by HRnetGroup in Singapore. The company has 793 employees. HRnetGroup has completed 2 acquisitions, including Octomate and REForce. Its website hrnetgroup.com draws about 23 thousand monthly visits. HRnetGroup offers products and services including Recruitment Services and Flexible Staffing. Its focus areas include HR Services and Recruitment Services. Its competitors include Mercu, Reeracoen and BGC Group; 1 of its 3 listed competitors has raised funding.

Company details

HRnetGroup was established in 1992 in Singapore, with Peter Sim serving as founder and chairman. Recruitment and staffing services are offered across multiple industries, including professional and executive placements. Operations are centered in the Asia-Pacific region, where talent acquisition and human resource solutions are facilitated for businesses. Focus is placed on matching skilled professionals with organizational needs through tailored staffing approaches.

  • Headquarters Singapore, Singapore
  • Employees 793
  • Founders Peter Sim
  • Stage Public
  • Sectors
    Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hrnetgroup.com
  • Social LinkedIn X
  • Legal Name Hrnetgroup Ltd.
Key Metrics
  • Annual Revenue
    $454.29 M (USD)
    3
    as on Dec 31, 2025
  • Net Profit
    $39.82 M (USD)
    14.99
    as on Dec 31, 2025
  • EBITDA
    $37.24 M (USD)
    -2.29
    as on Dec 31, 2025
  • Investors
  • Employee Count
    793
  • Investments & Acquisitions
    Octomate

    & 1 more

Products & Services of HRnetGroup

HRnetGroup offers a comprehensive portfolio of products and services, including Recruitment Services and Flexible Staffing.

Recruitment Services
HR Services

Professional recruitment for businesses in various sectors

Flexible Staffing
Staffing Solutions

Temporary workforce solutions for organizational needs

Funding Insights of HRnetGroup

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of HRnetGroup with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2017Unspecified––
Valuation history

1 investors in total: 1 institutional.

Investors in HRnetGroup

HRnetGroup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Heliconia.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments in growth stage companies are managed via private equity.
heliconiacapital.comSingapore, Singapore
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Investor details for HRnetGroup

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People of HRnetGroup

20 people are tracked at HRnetGroup (9 in leadership, 4 in board & advisors, 7 in team); the tracked headcount is 793.

NameRoleGroup
Peter Sim
Founder & ChairmanLeadership
Daniel Choong
Business Director And Mergers & AcquisitionsLeadership
Judy Lee
HR Business PartnerLeadership
Madeline Wan
Group Managing DirectorLeadership
Jennifer Kang
Executive DirectorLeadership
Katherine Chow
Human Resources DirectorLeadership
Yee Tong Ooi
Head Of Finance, South Asia And CorporateLeadership
Js Sim
Executive Director, CEO of Recruit ExpressLeadership
Daisy Tan
Chief People OfficerLeadership
Heng Su - Ling Mae
Independent Non-Executive DirectorBoard & advisors
Wallace Gao
Independent DirectorBoard & advisors
Pong Chen Yih
Independent DirectorBoard & advisors
Albert Ellis
Independent Non-executive DirectorBoard & advisors
Elsa Tjan
Talent Acquisition ExecutiveTeam
Ya-Hsiang Yang
Management TraineeTeam
Yean Yee Chan
HR ManagerTeam
Pei Ling
Senior Human Resources ExecutiveTeam
Jacelyn Chua
Group Business Leader of RecruitFirst SingaporeTeam
Sandy Tang
Senior Talent Acquisition ExecutiveTeam
Vicky Xiao
Sr. HRBPTeam
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IPO & Listings of HRnetGroup

HRnetGroup is a publicly listed company on the SGX with ticker symbol CHZ in Singapore, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date16 Jun 2017
  • Listed on SGX: CHZ
  • Listed entityHRnetGroup Ltd.
  • Exchange sectorCommercial services
  • ISINSG1DH2000003
  • Share price0.68 SGD (-2.88% on the day) · 2026-10-14
  • Market capitalisation681,667,692.00 SGD
  • Price to earnings15.6
  • EPS (diluted, trailing year)0.04 SGD
  • Dividend yield6.33%
  • Volume (last session)390,800

Financials of HRnetGroup

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025584.0M SGD51.2M SGD47.9M SGD
2024567.0M SGD44.5M SGD49.0M SGD
2023578.5M SGD63.6M SGD58.3M SGD
2022611.8M SGD67.5M SGD75.8M SGD
2021590.5M SGD65.5M SGD78.4M SGD
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Detailed financial statements for HRnetGroup

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Investments & Acquisitions by HRnetGroup

HRnetGroup has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Octomate and REForce.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based HRMS platform for enterprises
octomate.usSingapore2019Oct 2022$470,918
HR consulting services are provided to organizations in China.
reforce.com.cnXuhui, China2015Jun 2018β€’β€’β€’β€’
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Complete acquisition details for HRnetGroup

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Timeline of HRnetGroup

5 dated milestones of HRnetGroup across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded HRnetGroup is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires REForce.
  5. Acquisition Acquires Octomate.

Competitors of HRnetGroup

HRnetGroup has 3 listed competitors in our database, 1 of them funded. They include Mercu, Reeracoen and BGC Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mercu.com2021Singapore$3.32M
HR processes are automated via a cloud platform for enterprises.
reeracoen.sg2011Singapore
Acts as a leading recruitment agency in Singapore, providing executive and professional staffing solutions.
bgc-group.com2005Singapore
Offers recruitment, staffing, and outsourcing solutions for businesses in Asia.
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Detailed competitors of HRnetGroup

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Web traffic of HRnetGroup

The website of HRnetGroup (hrnetgroup.com) receives about 23K visits a month.

  • Monthly visits
    23K

    ▲ 1% vs previous month

Similar websites

Websites whose visitors overlap most with HRnetGroup. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hrnetone.com
100%
680.7K#7,061,657View details
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Related news about Hrnetgroup

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Complete news archive for HRnetGroup

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Frequently Asked Questions about HRnetGroup

HRnetGroup was founded in 1992 and raised its 1st funding round 25 years after it was founded.

HRnetGroup is headquartered in Singapore, Singapore.

HRnetGroup has 793 employees.

Annual revenue of HRnetGroup is $454.29M as on Dec 31, 2025.

HRnetGroup was established in 1992 in Singapore, with Peter Sim serving as founder and chairman. Recruitment and staffing services are offered across multiple industries, including professional and executive placements. Operations are centered in the Asia-Pacific region, where talent acquisition and human resource solutions are facilitated for businesses. Focus is placed on matching skilled professionals with organizational needs through tailored staffing approaches.

HRnetGroup's top competitors include Mercu, Reeracoen and BGC Group.

HRnetGroup offers Recruitment Services and Flexible Staffing.

Yes, HRnetGroup is publicly traded on SGX under the ticker symbol CHZ.

HRnetGroup has made 2 acquisitions, including Octomate, and REForce.

HRnetGroup has 1 investor. Key investors include Heliconia.

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