The Sim family that controls HRNetGroup has seen an increase in its stake in the leading regional recruitment company.

On June 30, Simco acquired 25.8 million shares for 62.5 cents each via a married deal. Simco is the privately-held vehicle of the Sims. Simco’s beneficial owners, via a trust structure, includes chairman Peter Sim, the company founder, his daughter, Adeline who is also executive director and chief legal officer, as well as numerous other relatives across different generations.

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