YY Group Holding

General Information
Business:

YY Group Holding is a Singapore-based holding company whose subsidiaries offer labor outsourcing and cleaning services in Singapore and Malaysia. (Incorporated in the British Virgin Islands) 

In 2019, the company created an online platform, the YY Circle Super App, used by employers and job seekers. The platform caters to customers in the hospitality industry, including hotels, restaurants, other food and beverage companies and private clubs.

At June 30, 2023, YY Group served a total of 170 customers – 98 customers through its labor outsourcing business and 72 customers through its cleaning business.

*Note: Net income and revenue are for the 12 months that ended June 30, 2023.

(Note: YY Group Holding filed its F-1 on Nov. 13, 2023, and disclosed terms for its IPO: 1.5 million shares at $4.00 to $5.00 to raise $1.5 million. The company submitted confidential IPO documents to the SEC in mid-August 2023.)

Industry: App - Outsourcing HR & Smart Cleaning
Employees: 771
Founded: 2010
Contact Information
Address 60 Paya Lebar Road #05-43 Paya Lebar Square Singapore 409051 +65 66046896
Phone Number +65 66046896
Web Address http://www.yygroupholding.com/
View Prospectus: YY Group Holding
Financial Information
Market Cap $156.6mil
Revenues $24.08 mil (last 12 months)
Net Income $0.27 mil (last 12 months)
IPO Profile
Symbol YYGH
Exchange NASDAQ
Shares (millions): 1.5
Price range $4.00 - $5.00
Est. $ Volume $7.0 mil
Manager / Joint Managers US Tiger Securities
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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