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Bolt-on acquisition anticipated to contribute to Group income and web revenue within the first full quarter following completion
SINGAPORE, Aug. 4, 2026 /PRNewswire/ — YY Group Holding Restricted (NASDAQ: YYGH) (“YY Group” or the “Firm”), an AI-enabled workforce administration platform and built-in facility administration (IFM) supplier working throughout Asia and past, in the present day introduced that it has accomplished the acquisition of a 95% curiosity in Xtreme Options Pte. Ltd., a longtime Singapore-incorporated distributor (the “Goal”) for a complete consideration of 4.5 million Singapore {Dollars} (“S$”) (roughly US$3.5 million), payable by means of a mix of S$0.9 million in money and Class A odd shares of the Firm with an combination worth of S$3.6 million, which might be topic to a 12-month lock-up interval (the “Acquisition”).
Based mostly on unaudited and unreviewed monetary statements ready in accordance with Singapore Monetary Reporting Requirements (“SFRS”), the Goal generated income of roughly S$6.0 million (roughly US$4.7 million), with a web revenue of roughly S$600,000 (roughly US$0.47 million) in its monetary yr ended March 31, 2026. The Acquisition is anticipated to be accretive to the Firm’s income and web revenue within the first full quarter following completion.
YY Group believes the Goal has grown into a longtime and worthwhile Singapore-incorporated distribution enterprise, primarily by means of conventional gross sales channels and word-of-mouth referrals, whereas its digital gross sales channel stays underdeveloped and represents a major development alternative. YY Group, by means of its digital advertising and marketing and know-how subsidiary, MediaPlus Enterprise Group Pte. Ltd., expects to deliver capabilities that the Goal has not beforehand had entry to: e-commerce and net improvement, digital advertising and marketing, and efficiency analytics. YY Group intends to modernize the Goal’s digital storefront, stock visibility, and buyer acquisition channels, boosting the visibility and effectivity of a enterprise already working profitably. Moreover, the Goal’s operational footprint is anticipated to offer a brand new, captive deployment surroundings for YY Group’s core YY Circle manpower outsourcing providers, by creating ongoing demand for manpower to help the Goal’s operations.
YY Group additionally plans to broaden the Goal’s enterprise into abroad markets the place YY Group already has an working presence. YY Group intends to advertise the Goal’s merchandise by means of the YY Circle platform, which has greater than 500,000 members, creating extra cross-selling, buyer acquisition, and regional distribution alternatives throughout YY Group’s ecosystem.
“Our strategy to acquisition is easy: search for worthwhile, well-run companies the place we will add worth with out diverting consideration from our core platform,” stated Mike Fu, Chief Government Officer of YY Group. “The Goal suits that profile precisely: a powerful operator with a loyal buyer base that may generate money instantly whereas providing a chance for digitalization-driven development. We’ll proceed to selectively pursue acquisitions of established, worthwhile companies, apply our know-how and advertising and marketing infrastructure, and develop income with out disrupting what already works.”
The Goal’s current administration group will proceed to guide the enterprise beneath a service settlement, preserving provider relationships, product experience, and buyer belief constructed over its working historical past. The Goal will retain its present model and retailer presence.
About YY Group Holding
YY Group Holding Restricted (Nasdaq: YYGH) is an AI-enabled workforce administration platform and built-in facility administration (IFM) supplier, headquartered in Singapore and working throughout Asia and past. The Firm’s clever workforce options platform, YY Circle, helps shoppers throughout hospitality, meals and beverage, retail, and different service sectors predict, plan, and optimize workforce deployment. In YY Group’s IFM enterprise, its 24IFM software program platform and complete IFM subsidiary portfolio help shoppers throughout hospitality, transportation, banking, retail, and mixed-use services.
As each enterprise traces scale, the Firm is systematically embedding AI and automation capabilities – progressing from clever resolution help towards more and more autonomous workforce administration – to enhance service high quality, cut back deployment prices, and drive long-term margin enlargement. Listed on the Nasdaq Capital Market, YY Group is dedicated to infrastructure innovation, measurable consumer outcomes, and long-term worth creation.
Alternate Charge Data
Translations of quantities from Singapore {dollars} into U.S. {dollars} on this press launch are solely for the comfort of the reader and had been calculated at a price of S$1.00 to US$0.7801, being the change price on August 3, 2026. No illustration is made that the Singapore greenback quantities might have been, or might be, transformed into U.S. {dollars} at that price or at another price.
Ahead Trying Statements
This press launch comprises forward-looking statements. These statements are made beneath the “protected harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. Statements that aren’t historic info, together with statements concerning the YY Group Holding Restricted’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties, and quite a lot of elements might trigger precise outcomes to vary materially from these contained in any forward-looking assertion. These elements embody, however will not be restricted to, (i) development of the hospitality market throughout Southeast Asia, Hong Kong, and different markets during which the Firm operates, (ii) capital and credit score market volatility, (iii) native and world financial circumstances, (iv) our anticipated development methods, (v) governmental approvals and rules, (vi) our capacity to efficiently develop, deploy, and commercialize our AI-powered and automation merchandise and capabilities, together with by means of strategic partnerships, and (vii) our future enterprise improvement, outcomes of operations and monetary situation. In some circumstances, forward-looking statements may be recognized by phrases or phrases reminiscent of “could,” “will,” “count on,” “anticipate,” “goal,” “purpose,” “estimate,” “intend,” “plan,” “imagine,” “potential,” “proceed,” “is/are more likely to” or different comparable expressions. All info supplied on this press launch is as of the date of this press launch, and YY Group Holding Restricted undertakes no obligation to replace such info, besides as required beneath relevant legislation.
Investor Contact
Jason Zhi Yong Phua, Chief Monetary Officer
YY Group
enquiries@yygroupholding.com
