Core Insights - YY Group has promoted Mr. Ken Teng to Director of Southeast Asia, enhancing its regional leadership and supporting growth initiatives [1][4] - The company aims to expand its operations in Southeast Asia, particularly in Indonesia and the Philippines, building on its success in Malaysia, Singapore, and Thailand [3][4] Company Performance - Under Mr. Teng's leadership as Country Director for Malaysia, YY Group has grown from a single-state operation in Kuala Lumpur to a nationwide presence, achieving significant revenue milestones [2][4] - The projected revenue from Malaysia operations for 2025 is expected to approach US$10 million, indicating strong growth momentum [2] Strategic Expansion - YY Group plans to leverage its operational excellence and customer-centric innovation to accelerate growth in Southeast Asia [3][4] - The company operates through two core verticals: on-demand staffing and integrated facilities management (IFM), providing services across various industries [5][6] Leadership and Experience - Mr. Teng brings over 13 years of experience in digital transformation and business strategy, having held leadership roles in IT and business development prior to joining YY Group [4]

Core Viewpoint - YY Group Holding Limited has successfully closed a registered direct offering of Class A ordinary shares and warrants, raising approximately $4.0 million for working capital and general corporate purposes [2][3]. Group 1: Offering Details - The company offered 9,523,812 Class A ordinary shares at a price of $0.42 per share, along with warrants to purchase up to 14,285,718 Class A ordinary shares [2]. - The accompanying warrants have an exercise price of $0.50 per share and a term of 3.5 years [2]. - FT Global Capital, Inc. acted as the exclusive placement agent for this offering [4]. Group 2: Regulatory Information - The securities were offered under the company's shelf registration statement on Form F-3, which was filed with the U.S. SEC on April 23, 2025, and declared effective on April 30, 2025 [3]. Group 3: Company Overview - YY Group Holding Limited is a technology-enabled platform based in Singapore, providing flexible workforce solutions and integrated facility management (IFM) services across Asia and beyond [6]. - The company operates in two core verticals: on-demand staffing and IFM, serving industries such as hospitality, logistics, retail, and healthcare [6]. - YY Group leverages proprietary digital platforms and IoT-driven systems to help clients meet fluctuating labor demands [7].