YY Group (YYGH) said Wednesday it plans to establish a presence in Thailand through the acquisition of YY Circle Thailand, another platform which connects temporary laborers and companies.
Financial terms were not disclosed.
YY Group said it and YY Circle Thailand are seeking to reach a definitive agreement by June 2, the company said.
Jirapat Haetanurak is set to serve as country director while maintaining a 10% stake in YY Circle Thailand, the company said.
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