New partnership expands customer base and improves business quality with stable, long-term revenue
SINGAPORE, December 1, 2025 /PRNewswire/ — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce and integrated facility management (IFM) solutions, today announced that it has signed a three-year facility maintenance services contract with a major international bank in Singapore. This multi-year agreement with a globally renowned financial services provider strengthens YY Group’s leadership in Singapore’s MFI sector while improving the stability and visibility of its recurring services revenue.
This new contract also represents a major step in the growth and diversification strategy of the YY Group, marking its entry into the banking and financial services sector. With an existing IFM client portfolio including hotels, shopping malls, hospitals and commercial office buildings, this acquisition further diversifies the Company’s customer base and revenue base and increases its presence in Singapore’s rapidly growing commercial and institutional facilities markets. YY Group’s integrated IFM service model allows customers to consolidate critical facility functions under a single provider, improving accountability, compliance and operational profitability.
Mike Fu, Chairman and CEO of YY Group, commented: “Partnering with a major international bank is an important step in our growth journey. Their confidence in YY Group’s services affirms the strength of our operating model and our ability to meet the rigorous standards of the financial services industry. and create long-term value for our stakeholders.
As part of this commitment, YY Group will provide cleaning operations, building maintenance support and integrated service coordination across the bank’s portfolio of facilities and operational sites in Singapore. The company has already started mobilizing dedicated teams and operational technologies to ensure rapid service and efficient workforce management at all assigned sites.
The addition of the banking portfolio further strengthens YY Group’s position at the forefront of Singapore’s high-potential MFI landscape. YY Group will continue to pursue opportunities in established and emerging market segments as part of its broader strategy to diversify and expand across all sectors, deepen customer relationships and create long-term recurring revenue streams.
About YY Holdings Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-based technology platform that provides flexible, scalable workforce solutions and integrated facilities management (IFM) services in Asia and beyond. The Group operates across two main verticals: On-Demand Recruitment and IFM, providing agile and reliable support to sectors such as Hospitality, Logistics, Retail and Healthcare.
By leveraging proprietary digital platforms and IoT-based systems, YY Group enables its clients to meet fluctuating workforce demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.
Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation and long-term value creation for its customers and shareholders.
For more information about the company, please visit https://yygroupholding.com/.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth in the hospitality market, (ii) volatility in capital and credit markets, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) government approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or expressions such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no obligation to update such information except as required by applicable law.
Investor contact
Jason Phua Zhi Yong, Chief Financial Officer
Group AA
enquiries@yygroupholding.com
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SOURCE YY Group Holding Limited
