Draft:YY Group Holding
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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.
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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.