Draft:YY Group Holding

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Last edited by 211.25.205.18 (talk | contribs) 2 months ago. (Update)

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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]

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.^[7]

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)
^ "YY Group Reports Full-Year 2023 Financial Results". Yahoo Finance. 2024-05-14. Retrieved 2024-05-29.

[1] "YY Group Announces Closing of Initial Public Offering". Yahoo Finance. 2024-04-24. Retrieved 2024-05-29.

[2] 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.

[3] "YY HOLDING". yygroupholding.com. Retrieved 2024-05-29.

[4] 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.

[5] "#YY Group Makes Bold Leap Into Cambodian Hospitality Sector, Opening Fresh Revenue Channels". csimarket.com. Retrieved 2024-05-29.

[6] 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)

[7] "YY Group Reports Full-Year 2023 Financial Results". Yahoo Finance. 2024-05-14. Retrieved 2024-05-29.

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