HRnetGroup's (SGX:CHZ) subsidiary HRnet Assets acquired two office suites in Kuala Lumpur, Malaysia, for 7.3 million ringgit, according to a Wednesday filing with the Singapore Exchange.
The human resources solutions provider said the suites have a combined strata area of nearly 5,000 square feet and will serve as a permanent base for its Malaysia operations, which currently operate from leased premises in Pavilion Damansara Heights.
The new offices are expected to be ready for occupation by the fourth quarter of 2027.
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