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YY Group Signs Three-Year Facility Maintenance Services Contract With Unnamed Bank In Singapore

Benzinga·12/01/2025 13:38:30
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YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), 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 recognized financial services provider reinforces YY Group's leadership in Singapore's IFM industry while elevating the stability and visibility of its recurring service revenues.

The new contract also represents a major milestone in YY Group's growth and diversification strategy, marking its entry into the banking and financial services sector. With an existing IFM customer portfolio spanning hotels, shopping malls, hospitals, and commercial office buildings, this win further diversifies the Company's client and revenue base and increases its presence in Singapore's fast-growing commercial and institutional facilities markets. YY Group's integrated IFM service model enables clients to consolidate essential facility functions under a single provider, improving accountability, compliance, and operational cost efficiency.