Core Insights - YY Group Holding Limited has announced a strategic partnership with Kentucky Fried Chicken Singapore to enhance operational excellence across KFC outlets in Singapore [1][5] - The partnership will utilize YY Group's YY Circle platform to provide daily casual staffing, ensuring consistent service quality and agile operations for KFC [2][3] Company Overview - YY Group is a technology-enabled platform headquartered in Singapore, offering flexible workforce solutions and integrated facility management services across Asia [8][9] - The company operates in two main verticals: on-demand staffing and integrated facility management, serving industries such as hospitality, logistics, retail, and healthcare [9][10] Partnership Details - The YY Circle platform connects businesses with a pre-vetted pool of skilled casual workers, allowing KFC to adjust staffing levels effectively during peak hours and seasonal campaigns [3][4] - This collaboration reflects a mutual trust and shared vision for operational excellence, positioning YY Group for growth in Singapore's competitive hospitality sector [5][6] Strategic Impact - The partnership with KFC highlights the scalability and reliability of YY Circle, setting new benchmarks for operational resilience and workforce agility [4][5] - YY Group aims to strengthen its market foothold and unlock new opportunities for expansion through this collaboration [5][9]

Company Overview - YY Group Holding Limited is a global leader in on-demand workforce solutions and integrated facility management (IFM) [1][11] - The company is headquartered in Singapore and operates across Asia and beyond, focusing on flexible, scalable workforce solutions [11][12] Acquisition Details - YY Group plans to establish a significant presence in Thailand through the acquisition of YY Circle Thailand, with the transaction expected to close on June 2, 2025 [2] - This acquisition is a pivotal step in YY Group's Southeast Asia expansion strategy, targeting Thailand's casual labor market valued at THB170 billion (approximately US$5 billion) annually [2][5] Market Opportunity - The casual labor market in Thailand is projected to encompass over 40% of the workforce by 2027, presenting a transformative opportunity for YY Group [3] - The company anticipates an annual profit of THB76.9 million (approximately US$2.32 million) by 2029 from this market [5] Leadership and Strategy - Jirapat Haetanurak will assume the role of Country Director for YY Circle Thailand, maintaining a 10% equity stake in the company, ensuring continuity and localized expertise [4] - The acquisition reflects YY Group's commitment to creating innovative, localized solutions that drive growth and efficiency in new markets [8] Service Offering - YY Circle, the company's flagship platform, aims to connect businesses with on-demand talent, providing essential tools and resources for stability and success in the casual labor landscape [6] - The platform is designed to address workforce shortages in key industries such as hospitality, retail, and logistics, enhancing operational efficiency [6][7]

Core Insights - YY Group Holding Limited announces significant expansion of its flagship on-demand job matching platform, YY Circle, to meet global demand for innovative workforce solutions [1] - The company is making notable progress in Europe, the Middle East, North Africa, and Asia Pacific, showcasing its robust performance and growing market influence [2][4] Expansion in Regions - YY Circle is accelerating growth in the Middle East and North Africa, with a focus on expanding its presence in these regions [2] - In Asia, YY Circle has established a comprehensive presence in countries such as Singapore, Malaysia, Australia, Vietnam, Cambodia, Hong Kong, and Korea [2] - The full acquisition of YY Circle Thailand is expected to streamline operations and boost growth in Southeast Asia [3] Strategic Vision - The CEO of YY Group emphasizes the company's commitment to delivering cutting-edge solutions tailored to diverse client needs, reinforcing its presence across dynamic regions [4] - YY Group's strategic investments in technology, sustainability, and regional expertise aim to redefine industry standards while addressing local and global challenges [4] Upcoming Developments - YY Circle UK is gaining momentum and solidifying its position as a trusted partner for businesses in the region [6] - YY Circle Netherlands is set to go live by the end of May 2025, while YY Circle Germany is expected to launch within 6 to 8 weeks [6] - YY Circle UAE is experiencing significant market share expansion, and YY Circle Egypt is under development, set to go live by July 2025 [6] Company Overview - YY Group Holding Limited is a technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management services across Asia and beyond [8] - The company operates through two core verticals: on-demand staffing and integrated facility management, supporting industries such as hospitality, logistics, retail, and healthcare [8] - YY Group leverages proprietary digital platforms and IoT-driven systems to help clients meet fluctuating labor demands [9]