Powerlan adds HK recruitment to its repertoire

Powerlan adds HK recruitment to its repertoire

Powerlan has continued its drive to own any company not tied down, yesterday announcing its acquisition of CountryTECH Group, touted as Hong Kong's largest IT recruitment agency.

Powerlan reports CountryTECH had 1999 revenues of $HK28 million and boasts an average annual growth rate of 120 per cent.

The company has over 55 employees and operates four specialist IT recruitment focus groups, Powerlan states.

Powerlan's managing director, Theo Baker, said in a statement to the ASX that CountryTECH will accelerate the company's growth in IT recruitment throughout Asia.

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