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.
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