In August 2014, the Company was recapitalised under a proposal that involved an injection of new capital and new directors. The new Board is a highly qualified executive team with over 30 years’ private equity investment experience with a view to transforming HJB into a high growth and strong cash-flow generating business.

In addition to investigating re-launching its business in the commercial and professional services industry of providing a broad range of recruitment, human resource and ancillary services across various industries, the new board intends to pursue acquisitions in high growth sectors. It is intended the Company will consider new opportunities both in the Company’s current sector and in unrelated sectors as and when they may arise.


As part of the board’s vision to transform HJB into a high growth business, the Company has engaged Mr Julian Knights, founder of Ironbridge Capital, Andrew Gray, most recently Managing Director of Archer Capital, Jonathan Pager, a proponent of many successful ASX recapitalisations, and Charbel Nader, an investment banker with a background in finance, media and M&A to join the HJB Advisory Committee to assist the board in generating and reviewing acquisition opportunities for the Company.