YY Group Acquires 95% Stake in Profitable Singapore-Incorporated DistributorBolt-on acquisition expected to contribute to Group revenue and net income in the first full quarter following completion SINGAPORE, Aug. 4, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-enabled workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced that it has completed the acquisition of a 95% interest in Xtreme Solutions Pte. Ltd., an established Singapore-incorporated distributor (the "Target") for a total consideration of 4.5 million Singapore Dollars ("S$") (approximately US$3.5 million), payable through a combination of S$0.9 million in cash and Class A ordinary shares of the Company with an aggregate value of S$3.6 million, which will be subject to a 12-month lock-up period (the "Acquisition").
PRNewsWire8/4/2026Neutral