The Sim family owns HRnetGroup.
The acquisition, which was conducted via a married deal on June 30, has raised the Sim family’s stake in HRnetGroup to 77.699% from 75.122% previously.
Simco, in April, raised its stake in the work placement agency through the acquisition of shares from the open market, at a near 52-week low.
See: Sims of HRnetGroup buy near 52-week-low; GSS Energy CEO Yeung buys in married deal
Shares in HRnetGroup closed 1 cent higher or 1.4% up at 70 cents on July 1.
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