Feb 11 (Reuters) - HRL Holdings Ltd (HRL) :
- Precise consulting expands services and geographic presence (HRL)
- Deal for $0.5M nzd
- Unit has entered into an agreement to purchase the business assets of rjl & associates limited
- Says HRL will fund the asset purchase using its current cash holdings and existing banking facilities
- Says "no HRL shares or options will be issued to the vendors"