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 priced its small-cap IPO of 1.13 million shares (1.125 million shares) at $4.00 – the low end of its $4.00-to-$5.00 price range – to raise $4.5 million on Friday, April 19, 2024; the stock is expected to start trading Monday, April 22, 2024, on the NASDAQ.) (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): | 1.1 |
Price range | $4.00 - $4.00 |
Est. $ Volume | $4.5 mil |
Manager / Joint Managers | US Tiger Securities |
CO-Managers | |
Expected To Trade: | 4/22/2024 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |