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YY Group Expands into Thailand with YY Circle Acquisition

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An update from YY Group Holding Limited Class A ( (YYGH) ) is now available.

On June 1, 2025, YY Group Holding Limited successfully completed the share transfer of YY Circle Thailand, marking a strategic expansion into Thailand’s vibrant casual labor market, valued at approximately THB170 billion annually. This acquisition enhances YY Group’s presence in Southeast Asia and aligns with its strategy to provide innovative workforce solutions, particularly in Thailand’s growing gig economy. With Jirapat Haetanurak continuing as Country Director, the integration aims to leverage local expertise and YY Group’s technology-driven platform to support businesses in adapting to workforce challenges, thereby reinforcing YY Group’s leadership in workforce innovation across Asia.

Spark’s Take on YYGH Stock

According to Spark, TipRanks’ AI Analyst, YYGH is a Neutral.

YY Group Holding Limited Class A’s overall score reflects strong revenue growth but is hampered by profitability and cash flow issues. Technical indicators show positive short-term momentum, but valuation concerns due to negative earnings and lack of dividends detract from the score.

To see Spark’s full report on YYGH stock, click here.

More about YY Group Holding Limited Class A

YY Group Holding Limited, headquartered in Singapore and listed on the Nasdaq Capital Market, is a technology-enabled platform offering flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The company operates through two core verticals: on-demand staffing and IFM, serving industries such as hospitality, logistics, retail, and healthcare. With a focus on leveraging proprietary digital platforms and IoT-driven systems, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

Average Trading Volume: 50,551

Technical Sentiment Signal: Buy

See more insights into YYGH stock on TipRanks’ Stock Analysis page.

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