Draft:YY Group Holding: Difference between revisions
Content deleted Content added
Citation bot (talk | contribs) Altered title. Add: authors 1-1. Removed parameters. Some additions/deletions were parameter name changes. | Use this bot. Report bugs. | Suggested by LeapTorchGear | #UCB_webform 49/184 |
No edit summary |
||
| Line 5: | Line 5: | ||
{{AfC topic|org}} |
{{AfC topic|org}} |
||
YY Group Holding is a publicly listed company on the Nasdaq stock exchange (NASDAQ: YYGH).<ref>{{Cite web |date=2024-04-24 |title=YY Group Announces Closing of Initial Public Offering |url=https://finance.yahoo.com/news/yy-group-announces-closing-initial-153900467.html |access-date=2024-05-29 |website=Yahoo Finance |language=en-US}}</ref> It raised $4.5 million by offering 1.1 million shares at $4.00, the low end of the range of $4.00 to $5.00.<ref>{{Cite web |last=renaissancecapital.com |date=2024-04-22 |title=Micro-cap Asian staffing firm YY Group prices US IPO at $4, the low end of the range |url=https://www.renaissancecapital.com/IPO-Center/News/104325/Micro-cap-Asian-staffing-firm-YY-Group-prices-US-IPO-at-$4-the-low-end-of-t |access-date=2024-05-29 |website=Renaissance Capital |language=en}}</ref> The company provides hotel and hospitality staffing and commercial cleaning services through its subsidiaries, YY Circle and Hong Ye Group.<ref>{{Cite web |title=YY HOLDING |url=https://yygroupholding.com/about-us/ |access-date=2024-05-29 |website=yygroupholding.com}}</ref> The company currently operates in Malaysia, Vietnam,<ref>{{Cite web |last=Bizwire |first=Korea |date=2024-05-02 |title=YY Group Announces Strategic Entry Into Vietnam's Booming Labour Market Within the Dynamic Hospitality Industry |url=http://koreabizwire.com/yy-group-announces-strategic-entry-into-vietnams-booming-labour-market-within-the-dynamic-hospitality-industry/280160 |access-date=2024-05-29 |website=Be Korea-savvy |language=en-US}}</ref> Cambodia,<ref>{{Cite web |title=#YY Group Makes Bold Leap Into Cambodian Hospitality Sector, Opening Fresh Revenue Channels |url=https://csimarket.com/news/yy-group-makes-bold-leap-into-cambodian-hospitality-sector-opening-fresh-revenue-channels2024-05-10130522 |access-date=2024-05-29 |website=csimarket.com |language=en-us}}</ref> and Australia.<ref>{{Cite web |last1=May 21 |first1=YY Group Holding Limited |last2=2024 |last3=Et |first3=9:00 Am |date=2024-05-21 |title=YY Group Expands into Australian Hospitality and Hotel Industry |url=https://fox40.com/business/press-releases/globenewswire/9121099/yy-group-expands-into-australian-hospitality-and-hotel-industry/ |access-date=2024-05-29 |website=FOX40 |language=en-US}}</ref> |
YY Group Holding is a publicly listed company on the Nasdaq stock exchange (NASDAQ: YYGH).<ref>{{Cite web |date=2024-04-24 |title=YY Group Announces Closing of Initial Public Offering |url=https://finance.yahoo.com/news/yy-group-announces-closing-initial-153900467.html |access-date=2024-05-29 |website=Yahoo Finance |language=en-US}}</ref> It raised $4.5 million by offering 1.1 million shares at $4.00, the low end of the range of $4.00 to $5.00.<ref>{{Cite web |last=renaissancecapital.com |date=2024-04-22 |title=Micro-cap Asian staffing firm YY Group prices US IPO at $4, the low end of the range |url=https://www.renaissancecapital.com/IPO-Center/News/104325/Micro-cap-Asian-staffing-firm-YY-Group-prices-US-IPO-at-$4-the-low-end-of-t |access-date=2024-05-29 |website=Renaissance Capital |language=en}}</ref> The company provides hotel and hospitality staffing and commercial cleaning services through its subsidiaries, YY Circle and Hong Ye Group.<ref>{{Cite web |title=YY HOLDING |url=https://yygroupholding.com/about-us/ |access-date=2024-05-29 |website=yygroupholding.com}}</ref> The company currently operates in Malaysia, Vietnam,<ref>{{Cite web |last=Bizwire |first=Korea |date=2024-05-02 |title=YY Group Announces Strategic Entry Into Vietnam's Booming Labour Market Within the Dynamic Hospitality Industry |url=http://koreabizwire.com/yy-group-announces-strategic-entry-into-vietnams-booming-labour-market-within-the-dynamic-hospitality-industry/280160 |access-date=2024-05-29 |website=Be Korea-savvy |language=en-US}}</ref> Cambodia,<ref>{{Cite web |title=#YY Group Makes Bold Leap Into Cambodian Hospitality Sector, Opening Fresh Revenue Channels |url=https://csimarket.com/news/yy-group-makes-bold-leap-into-cambodian-hospitality-sector-opening-fresh-revenue-channels2024-05-10130522 |access-date=2024-05-29 |website=csimarket.com |language=en-us}}</ref> and Australia.<ref>{{Cite web |last1=May 21 |first1=YY Group Holding Limited |last2=2024 |last3=Et |first3=9:00 Am |date=2024-05-21 |title=YY Group Expands into Australian Hospitality and Hotel Industry |url=https://fox40.com/business/press-releases/globenewswire/9121099/yy-group-expands-into-australian-hospitality-and-hotel-industry/ |access-date=2024-05-29 |website=FOX40 |language=en-US}}</ref> |
||
YY Group Holding is the parent company of YY Circle and Hong Ye Group. YY Circle is a mobile app that matches firms with part-time workers.<ref>{{Cite web |title=Hiring part-timers on the go; first-of-its-kind mobile app matches firms with part-time workers |url=https://www.todayonline.com/singapore/hiring-part-timers-go-first-its-kind-mobile-app-matches-firms-part-time-workers |access-date=2024-06-20 |website=TODAY |language=en}}</ref> The app currently has some 5,000 users – from its workforce database of 32,000 – and its clientele of over 50 firms includes Fullerton Hotel, Shangri-La Hotel, Regent Hotel, and McDonald's. Hong Ye Group provides cleaning services to companies in Singapore. The founder of the group of companies is Mike Xiaowei Fu.<ref>{{Cite web |last=Sansan |title=The Business Leader Series: Hong Ye Group’s Fu Xiao Wei |url=https://resources.sansan.com/blog/business-leader-series-hong-ye-groups-fu-xiao-wei |access-date=2024-06-20 |website=resources.sansan.com |language=en}}</ref> |
|||
Based on the company's full-year 2023 financial results, the company had cash balances of $467,235, current assets of $10.2 million and current liabilities of $6.0 million, which resulted in a positive working capital of $4.2 million.<ref>{{Cite web |date=2024-05-14 |title=YY Group Reports Full-Year 2023 Financial Results |url=https://finance.yahoo.com/news/yy-group-reports-full-2023-123000429.html |access-date=2024-05-29 |website=Yahoo Finance |language=en-US}}</ref> |
Based on the company's full-year 2023 financial results, the company had cash balances of $467,235, current assets of $10.2 million and current liabilities of $6.0 million, which resulted in a positive working capital of $4.2 million.<ref>{{Cite web |date=2024-05-14 |title=YY Group Reports Full-Year 2023 Financial Results |url=https://finance.yahoo.com/news/yy-group-reports-full-2023-123000429.html |access-date=2024-05-29 |website=Yahoo Finance |language=en-US}}</ref> |
||
Revision as of 06:27, 20 June 2024
Submission declined on 29 May 2024 by DoubleGrazing (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|  |
YY Group Holding is a publicly listed company on the Nasdaq stock exchange (NASDAQ: YYGH).[1] It raised $4.5 million by offering 1.1 million shares at $4.00, the low end of the range of $4.00 to $5.00.[2] The company provides hotel and hospitality staffing and commercial cleaning services through its subsidiaries, YY Circle and Hong Ye Group.[3] The company currently operates in Malaysia, Vietnam,[4] Cambodia,[5] and Australia.[6]
YY Group Holding is the parent company of YY Circle and Hong Ye Group. YY Circle is a mobile app that matches firms with part-time workers.[7] The app currently has some 5,000 users – from its workforce database of 32,000 – and its clientele of over 50 firms includes Fullerton Hotel, Shangri-La Hotel, Regent Hotel, and McDonald's. Hong Ye Group provides cleaning services to companies in Singapore. The founder of the group of companies is Mike Xiaowei Fu.[8]
Based on the company's full-year 2023 financial results, the company had cash balances of $467,235, current assets of $10.2 million and current liabilities of $6.0 million, which resulted in a positive working capital of $4.2 million.[9]
References
- ^ "YY Group Announces Closing of Initial Public Offering". Yahoo Finance. 2024-04-24. Retrieved 2024-05-29.
- ^ renaissancecapital.com (2024-04-22). "Micro-cap Asian staffing firm YY Group prices US IPO at $4, the low end of the range". Renaissance Capital. Retrieved 2024-05-29.
- ^ "YY HOLDING". yygroupholding.com. Retrieved 2024-05-29.
- ^ Bizwire, Korea (2024-05-02). "YY Group Announces Strategic Entry Into Vietnam's Booming Labour Market Within the Dynamic Hospitality Industry". Be Korea-savvy. Retrieved 2024-05-29.
- ^ "#YY Group Makes Bold Leap Into Cambodian Hospitality Sector, Opening Fresh Revenue Channels". csimarket.com. Retrieved 2024-05-29.
- ^ May 21, YY Group Holding Limited; 2024; Et, 9:00 Am (2024-05-21). "YY Group Expands into Australian Hospitality and Hotel Industry". FOX40. Retrieved 2024-05-29.
{{cite web}}:|last2=has numeric name (help)CS1 maint: numeric names: authors list (link) - ^ "Hiring part-timers on the go; first-of-its-kind mobile app matches firms with part-time workers". TODAY. Retrieved 2024-06-20.
- ^ Sansan. "The Business Leader Series: Hong Ye Group's Fu Xiao Wei". resources.sansan.com. Retrieved 2024-06-20.
- ^ "YY Group Reports Full-Year 2023 Financial Results". Yahoo Finance. 2024-05-14. Retrieved 2024-05-29.
- in-depth (not just brief mentions about the subject or routine announcements)
- reliable
- secondary
- strictly independent of the subject
Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.