YY Group Announces Effective Date of Reverse Stock Split
SINGAPORE, March 19, 2026 /PRNewswire/ -- 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 its Board of Directors has resolved to effect a 50-for-1 reverse stock split of the Company's Class A ordinary shares. YY Group's Class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on March 23, 2026, under the existing ticker symbol "YYGH." The new CUSIP number of the Company's ordinary shares will be G9888Q111.
When the reverse stock split becomes effective, every Fifty (50) of the Company's issued and outstanding Class A ordinary shares will be combined into one issued and outstanding Class A ordinary share, without any change to the no-par value per share. This will reduce the number of outstanding Class A ordinary shares from approximately 207.4 million shares to approximately 4.1 million shares. Immediately following the effective time of the reverse stock split, the Company's Class A ordinary shares will have the same voting rights and will be identical in all other respects to the Class A ordinary shares prior to the effectiveness of the reverse stock split.
No fractional shares will be issued in connection with the reverse stock split. Shareholders who would otherwise receive a fraction of a Class A ordinary share of the Company will receive one full share.
The reverse stock split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing.
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.
Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.
Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.
For more information on the Company, please visit.
YY Group
SOURCE YY Group Holding Limited
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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