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Noticias de YYGH
Eventos de YYGH
YY Group Rebrands to YYForce, Changes Nasdaq Ticker to YFOR
YY Group Holding Limited announced a corporate rebranding to YYForce and Nasdaq ticker symbol change to "YFOR."
YY Group Acquires 95% Stake in Xtreme Solutions for S$4.5M
YY Group has completed the acquisition of a 95% interest in Xtreme Solutions, a Singapore-incorporated distributor - the Target - for a total consideration of S$4.5M, approximately $3.5M, payable through a combination of S$0.9M in cash and Class A ordinary shares of the company with an aggregate value of S$3.6M, which will be subject to a 12-month lock-up period. The Target generated revenue of approximately S$6.M, or $4.7M, with a net profit of approximately S$600K or $0.47M in FY26. The acquisition is expected to be accretive to the company's revenue and net profit in the first full quarter following completion. YY Group, through its digital marketing and technology subsidiary, MediaPlus Venture Group., expects to bring capabilities that the Target has not previously had access to: e-commerce and web development, digital marketing, and performance analytics. YY Group intends to modernize the Target's digital storefront, inventory visibility, and customer acquisition channels. The Target's existing management team will continue to lead the business under a service agreement. The Target will retain its current brand and store presence.
YY Group Files $100M Mixed Securities Shelf
YY Group files $100M mixed securities shelf
YY Group Launches Humanoid Robotics Training Lab in Singapore
YY Group (YYGH) announced the next stage of the AI training data strategy it introduced on April 22: the launch of its Humanoid Robotics Training Lab in Singapore, complemented by pilot deployments of humanoid robots in two of Singapore's commercial retail and hospitality facilities. The Singapore lab will complement the Johor, Malaysia AI training and data collection facility YY Group announced in April. Both facilities will capture structured, real-world human activity data - drawing on the company's network of over 500,000 workers across hospitality, food and beverage, facility maintenance, security and other service roles - and use that data to train and refine service robots for deployment alongside human workers in live service environments. The Singapore lab, which will operate on Nvidia (NVDA) accelerated computing technology, will also serve as an exhibition space for client demonstrations. To augment its training data capture and transition these robotic capabilities from the lab to the market, the company is partnering with a shopping mall and luxury hotel in Singapore to pilot humanoid robot deployments in real-world service settings. They will work side-by-side with human professionals, allowing the company to gather operational data and physical-interaction telemetry to further refine robots' spatial awareness and task performance while also increasing human teams' efficiency.
YY Group Projects FY26 Revenue of $103M-$110M
YY Group still sees FY26 revenue $103M-$110M
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