HRnetGroup Limited (SGX:CHZ) is seeking acquisitions. HRnetGroup, armed with SGD 289 million in cash as at December 31, 2017 and with no debt on the books, is on the hunt for acquisition targets. Adeline Sim, Executive Director of HRnetGroup says that HRnetGroup has already reviewed over 70 targets since its IPO and is seeking those that would be a good cultural fit. Adeline Sim, said, “HRnetGroup is also looking for targets in Europe, Australia and the United States. The latest company we are talking to is in the United States. We realise that we don't have to insist on a certain [geography], we can look everywhere for opportunity.”