HRnetGroup Limited announced that it has received in-principle approval from the Singapore Exchange (SGX-ST) on Sep, 7 2026 for the listing and quotation of 241,527 treasury shares to be transferred to certain employees and an executive director as part of their remuneration package.

The approval is subject to compliance with SGX-ST listing rules, including the need for specific shareholder approval if the shares are not issued under a general mandate, are placed with parties under Listing Rule 812, result in a transfer of controlling interest, or are issued at a discount exceeding 10 percent to relevant benchmarks.

According to the SGX-ST letter, the shares must be placed within seven market days from Sep, 7 2026, or, if shareholder approval is required, within seven market days after such approval is obtained.

HRnetGroup stated it will make further announcements once the share transfers are completed.