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RHB keeps ‘buy’ on HRnetGroup, citing its ability in ‘adding more value to customers’

Teo Zheng Long
Teo Zheng Long • 2 min read
RHB keeps ‘buy’ on HRnetGroup, citing its ability in ‘adding more value to customers’
HRnetGroup recently announced that its human resources technology brand, Octomate, secured two contracts from Outward Bound Singapore (OBS) and Sentosa Development Corporation (SDC). Photo: HRnetGroup
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RHB Group Research’s Alfie Yeo is reiterating his “buy” call on HRnetGroup (SGX:CHZ) with an unchanged target price of 85 cents.

HRnetGroup recently announced that its human resources technology brand, Octomate, secured two contracts from Outward Bound Singapore (OBS) and Sentosa Development Corporation (SDC).

The OBS project involves implementing its workforce management system by centralising roster scheduling and leave planning functions. The solution is provided on a real-time mobile-responsive interface and helps in assigning instructors to work events based on their certified skills and availability, streamlining the management of complex work rotations and leave requests.

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