Feb 11 (Reuters) - HRL Holdings Ltd HRL.AX :
* Precise consulting expands services and geographic presence HRL.AX
* 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"
* Source text for Eikon ID:nASX9HnRfD