YY Group Holding Ltd. Announces Major Expansion into Thailand with Upcoming Acquisition of YY Circle Thailand

Reuters

05-21

YY Group Holding Ltd. Announces Major Expansion into Thailand with Upcoming Acquisition of YY Circle Thailand

Singapore, May 21, 2025 - YY Group Holding Limited (NASDAQ: YYGH), a leader in on-demand workforce solutions and integrated facility management, has announced its intention to expand into Thailand through the acquisition of YY Circle Thailand. This move marks a significant step in YY Group's Southeast Asia expansion strategy, with the transaction expected to close on June 2, 2025, subject to customary conditions. The acquisition aims to tap into Thailand's US$5 billion casual labor market, with YY Circle set to revolutionize the landscape by connecting businesses with on-demand talent. Jirapat Haetanurak will lead as Country Director, ensuring localized expertise and strategic growth. YY Group anticipates generating an annual profit of THB76.9 million (approximately US$2.32 million) by 2029, underscoring its commitment to delivering significant value in this vibrant market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YY Group Holding Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9455700-en) on May 21, 2025, and is solely responsible for the information contained therein.

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ID: GNW9455700-en) on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL3syDPc:1","article_id":"2537748982","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537748982","pubTimestamp":1747826334,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Singapore, May 21, 2025 - YY Group Holding Limited , a leader in on-demand workforce solutions and integrated facility management, has announced its intention to expand into Thailand through the acquisition of YY Circle Thailand. 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