July 17, 2025 09:46 AM GMT TSMC | Asia Pacific 2025 full-year revenue revised up to 30% Y/Y growth; reiterate OW Reaction to earnings Strengthens our thesis Meaningful upside Meaningful revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Exhibit 1: TSMC: 2Q25 Earnings Review | (NT$ mn) | 2Q25 | | | | | | --- | --- | --- | --- | --- | --- | | | Actual | Q/Q | Y/Y | MS Est. | Consensus | | Financials | | ...

Singapore , July 01, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), is pleased to announce its acquisition of Pesticide Pest Control Pte. Ltd., a Singapore-based pest control company with over 30 years of operational history. The company will be rebranded as Pest Fighter Management Pte. Ltd., marking the beginning of its next growth phase under YY Group’s integ ...

Group 1 - The "2025 China Enterprises Going Global Summit" was held in Shenzhen, focusing on providing a high-end platform for Chinese companies to address challenges in going global amidst the restructuring of global industrial chains [1] - The summit aimed to facilitate resource connections, rule dialogues, and idea exchanges among Chinese enterprises [1] Group 2 - Zhang Ping, founder and CEO of Shanhaitu, shared insights on preferred Southeast Asian countries for Chinese enterprises based on industry types, recommending Vietnam for textiles and toys, Indonesia for resource industries, Thailand for tourism and e-commerce, and Malaysia for mid-to-high-end manufacturing like semiconductors [3] - Zhang Ping highlighted the challenges faced by Chinese manufacturing companies abroad, citing an example of a Chinese firm that took years to establish a smelting plant in Indonesia, emphasizing the perseverance required to transfer Chinese technology [3]

Group 1 - Centrica is in advanced negotiations to acquire a 15% stake in the Sizewell C nuclear project in the UK, with a decision expected in the coming weeks [1] - Centrica's CEO, Chris O'Shea, has expressed interest in the project, contingent on "suitable conditions" [1] - The UK government announced an investment of £14.2 billion (approximately $19.5 billion) for the construction of Sizewell C, which has faced delays [1] Group 2 - Brookfield Asset Management is preparing to bid for a minority stake in the Sizewell C project, while Quebec's public pension fund is also in talks for a larger minority stake [2] - The final investment decision for the Sizewell C project is expected to be made in the summer, with total costs potentially exceeding £40 billion [2] - The UK government has become the majority shareholder of Sizewell C after initially investing in 2022, aiming to regain control over the energy system [2]

Project Overview - The project is titled "YY-2025年烟标后道工序设备招标项目" and involves the procurement of equipment for the post-processing of cigarette labels [1] - The estimated procurement amount is RMB 1 million, including tax [1][2] Equipment Specifications - The project includes the procurement of two types of equipment: - Automatic waste cleaning machine, with a unit price limit of RMB 500,000 [2] - Corner folding machine, with a unit price limit of RMB 250,000 and a total price limit of RMB 500,000 [2] - Delivery timelines are set at 30 days for the automatic waste cleaning machine and 90 days for the corner folding machine from the contract signing date [3] Technical Requirements - The automatic waste cleaning machine must upgrade and maintain the ability to clean various cigarette packaging types efficiently, including quick product changeover [3] - The corner folding machine should have a function to separate paper ears of cigarette boxes to prevent sticking during detection [3] Bidder Qualifications - Bidders must be independent legal entities registered within mainland China and meet several criteria, including good commercial reputation and technical capability [5] - Specific disqualifications include any legal violations in the past three years and being listed on certain blacklists [5] Bid Submission Details - Bidders can obtain the tender documents from June 23 to June 30, 2025, and must pay RMB 350 for each set [6][9] - All electronic and paper bid submissions must be completed by July 14, 2025, at 13:30 Beijing time [12]

Group 1 - NTT has announced a significant acquisition of NTT Data Group Corp. for 2.37 trillion yen (approximately 16.3 billion USD), aimed at enhancing its artificial intelligence strategy and simplifying its corporate structure [1] - The acquisition settlement is set to begin on June 26, with NTT currently holding about 58% of NTT Data's shares and offering 4,000 yen per share for the remaining shares to take the company private [1] - As one of the largest data center operators globally, the acquisition will position artificial intelligence as a core business for NTT Group, facilitating expansion in global markets [1] Group 2 - The Japanese government holds about one-third of NTT's shares and is promoting the development of domestic AI platforms to compete with international players like OpenAI and China's DeepSeek, with NTT competing alongside KDDI and SoftBank in the growing AI sector [1] - This acquisition reflects the regulatory pressure faced by Japanese corporate groups, as regulators urge companies to streamline their structures, particularly in light of warnings from the Tokyo Stock Exchange regarding listed parent-subsidiary structures [1] - Following NTT's move, NEC Group has completed the acquisition of its subsidiary NEC Networks and System Integration, and Toyota's chairman has also planned to acquire Toyota Industries, suggesting a trend of consolidation among Japanese companies [2]

Core Insights - YY Group Holding Limited has acquired a 53% stake in Transocean Oil Pte. Ltd.'s property investment division, marking its entry into the property investment sector and expanding its portfolio in Singapore's real estate market [1][2][3] Strategic Significance - The acquisition aligns with YY Group's growth strategy, capitalizing on Singapore's real estate market, which is projected to grow at an annual rate of 6.5% from 2025 to 2030 [3] - CEO Mike Fu emphasized that adding premium properties enhances investor confidence and strengthens the company's business [3] Market Impact - Transocean's properties provide flexibility for internal use or rental income, supporting YY Group's focus on sustainable growth [4] - The property investment arm will generate rental income and benefit from rising property values [4] Operational Plans - Transocean's operations will integrate into YY Group's framework, with a dedicated team ensuring high-quality service delivery [5] - The 24iFM app will be leveraged to enhance client experiences, and the Group is open to exploring further opportunities in Singapore's property market [5] Revenue and Growth Potential - In 2024, Transocean's properties generated S$223,000 from three commercial units, and YY Group's controlling interest positions it for long-term gains and strategic growth [6] Enhancing Stakeholder Value - The acquisition demonstrates YY Group's commitment to diversifying its portfolio and strengthening its position in the property investment and integrated facility management industries [7] - This move aims to improve services and advance the 24iFM application, addressing clients' needs more effectively [7]

Core Insights - YY Group Holding Limited has acquired the Managing Facilities Applications, rebranding it as 24IFM, to strategically expand into the property and facility management sector, diversifying service offerings and creating new revenue streams through application subscriptions [1][3] Company Overview - YY Group is a technology-enabled platform headquartered in Singapore, providing flexible workforce solutions and integrated facility management (IFM) services across Asia and beyond, operating in sectors such as hospitality, logistics, retail, and healthcare [13][14] Product Features - 24IFM is designed to streamline property and facility management for managing agents and homeowners, offering features such as facility booking, property insights, service marketplaces, and automated invoicing with online payments, enhancing user convenience [2][12] Market Potential - The integrated facility management market in Singapore is projected to grow from US$3.65 billion in 2025 to US$4.25 billion by 2030, with a compound annual growth rate (CAGR) of 3.1%, indicating a strong demand for digital transformation in property management [8] - 24IFM is expected to generate approximately US$13.24 million in revenue by 2029, highlighting its market potential and strategic importance for YY Group [9] Strategic Vision - The acquisition of 24IFM aligns with YY Group's long-term goal of delivering value-added services and tapping into new revenue opportunities, enhancing the company's IFM capabilities [3][4] Future Development - YY Group's Operations and IT teams are working on a roadmap for further app development to ensure a seamless transition for users and maintain a competitive edge through continuous enhancement of the platform's functionality and user experience [10]

Singapore , June 05, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group", "YYGH", or the "Company"), is pleased to announce the acquisition of Uniforce Security Pte Ltd (UFS), marking a pivotal step in expanding the Company's Integrated Facility Management (IFM) division. This strategic acquisition underscores the Company's commitment to delivering comprehensive, cutting-edge solutions to clients worldwide. Unlocking Synergies Across Divisions The acquisition of UFS not only strengt ...

Core Insights - YY Group Holding Limited has successfully completed the share transfer of YY Circle Thailand, marking a significant step in its strategy to expand in Southeast Asia [1][2] - The acquisition enhances YY Group's ability to address workforce demands in Thailand's casual labor market, valued at approximately THB170 billion (US$5 billion) annually [2] - The leadership of Jirapat Haetanurak will remain in place to ensure a seamless transition and leverage local expertise [3] Company Strategy - The acquisition is seen as a pivotal moment for YY Group, reinforcing its commitment to meet the needs of Thailand's workforce and businesses [4] - YY Circle Thailand aims to provide innovative solutions that empower businesses to adapt to workforce challenges, particularly in sectors like hospitality, retail, and logistics [4] - The successful acquisition underscores YY Group's focus on localized solutions and sustainable growth, enhancing its position as a leader in workforce innovation across Asia [5] Market Context - Thailand's gig economy presents growing opportunities for flexible and scalable workforce solutions, which YY Circle Thailand will facilitate through a technology-driven platform [4] - YY Group operates through two core verticals: on-demand staffing and integrated facility management (IFM), providing agile support to various industries [8] - The company leverages proprietary digital platforms and IoT-driven systems to help clients meet fluctuating labor demands [9]