[6-K/A] YY Group Holding Limited Amended Current Report (Foreign Issuer)
YY Group Holding Limited amended its Form 6-K to disclose a series of completed acquisitions and an asset purchase between January and July 2025. The company acquired controlling and minority interests in multiple Singapore, Hong Kong and Thailand entities, including Mediaplus (54% for S$1,325,000 cash plus 9,260 Class A shares), Property Facility Services (~99.99997% for S$816,000 cash, a deferred S$784,000 subject to up to S$500,000 downward adjustment, and 143,516 shares), YY Circle HK (90% for 1,900,000 shares), YY Circle Thailand (49% for 2,000,000 shares), Transocean (53% for 4,500,000 shares), Uniforce (100% for S$1,000,000), and Pesticide (100% for S$150,000).
The company also acquired the assets and IP of the 24iFM facilities management application for 4,000,000 Class A shares to deploy internally; the asset purchase will not immediately generate independent revenue. YY Group determined that, in aggregate, these transactions do not exceed the 50% significance threshold, so pro forma financial statements are not required under Regulation S-X.
YY Group Holding Limited ha modificato il suo Form 6-K per comunicare una serie di acquisizioni completate e un acquisto di asset tra gennaio e luglio 2025. La società ha acquisito partecipazioni di controllo e di minoranza in diverse entità di Singapore, Hong Kong e Thailandia, tra cui Mediaplus (54% per S$1,325,000 in contanti 辱ù 9,260 azioni di Classe A), Property Facility Services (~99.99997% per S$816,000 in contanti, un importo differito di S$784,000 soggetto a un aggiustamento al ribasso fino a S$500,000, e 143,516 azioni), YY Circle HK (90% per 1,900,000 azioni), YY Circle Thailand (49% per 2,000,000 azioni), Transocean (53% per 4,500,000 azioni), Uniforce (100% per S$1,000,000) e Pesticide (100% per S$150,000).
La società ha inoltre acquisito gli asset e la proprietà intellettuale dell'applicazione per la gestione degli impianti 24iFM per 4,000,000 azioni di Classe A per utilizzo interno; tale acquisto di asset non genererà immediatamente ricavi autonomi. YY Group ha determinato che, complessivamente, queste operazioni non superano la soglia di significatività del 50%, pertanto i bilanci pro forma non sono richiesti ai sensi del Regulation S-X.
YY Group Holding Limited enmendó su Form 6-K para revelar una serie de adquisiciones completadas y una compra de activos entre enero y julio de 2025. La compañía adquirió participaciones de control y minoritarias en varias entidades de Singapur, Hong Kong y Tailandia, incluyendo Mediaplus (54% por S$1,325,000 en efectivo á 9,260 acciones Clase A), Property Facility Services (~99.99997% por S$816,000 en efectivo, un pago diferido de S$784,000 sujeto a un ajuste a la baja de hasta S$500,000, y 143,516 acciones), YY Circle HK (90% por 1,900,000 acciones), YY Circle Thailand (49% por 2,000,000 acciones), Transocean (53% por 4,500,000 acciones), Uniforce (100% por S$1,000,000) y Pesticide (100% por S$150,000).
La compañía también adquirió los activos y la propiedad intelectual de la aplicación de gestión de instalaciones 24iFM por 4,000,000 acciones Clase A para uso interno; esta compra de activos no generará ingresos independientes de forma inmediata. YY Group determinó que, en conjunto, estas transacciones no exceden el umbral de significancia del 50%, por lo que no se requieren estados financieros pro forma según la Regulation S-X.
YY Group Holding Limited� 2025� 1월부� 7� 사이� 완료� 일련� 인수 � 자산 매입� 공개하기 위해 Form 6-K� 수정했습니다. 회사� 싱가포르, 홍콩, 태국� 다수 법인� 대� 지배지� � 소수지분을 인수했으�, 그중에는 Mediaplus(54%� S$1,325,000 현금 � 9,260 클래� A 주식 지�), Property Facility Services(� 99.99997%� S$816,000 현금, 최대 S$500,000까지 하향 조정� � 있는 S$784,000 이연지� � 143,516�), YY Circle HK(90%� 1,900,000�), YY Circle Thailand(49%� 2,000,000�), Transocean(53%� 4,500,000�), Uniforce(100%� S$1,000,000) � Pesticide(100%� S$150,000)가 포함됩니�.
또한 회사� 내부 활용� 위해 24iFM 시설 관� 애플리케이션� 자산 � 지적재산권� 4,000,000 클래� A 주식으로 취득했으�, � 자산 매입은 즉시 독립적인 수익� 창출하지� 않을 예정입니�. YY Group은 이들 거래� 합산했을 � 중요� 기준� 50%� 초과하지 않는다고 판단하여 Regulation S-X� 따라 프로포르� 재무제표� 제출� 필요가 없다� 결론지었습니다.
YY Group Holding Limited a modifié son Form 6-K pour divulguer une série d'acquisitions achevées et un achat d'actifs entre janvier et juillet 2025. La société a acquis des participations de contrôle et minoritaires dans plusieurs entités à Singapour, Hong Kong et Thaïlande, notamment Mediaplus (54 % contre S$1,325,000 en numéraire plus 9,260 actions de Classe A), Property Facility Services (~99.99997 % contre S$816,000 en numéraire, un paiement différé de S$784,000 susceptible d'être ajusté à la baisse jusqu'à S$500,000, et 143,516 actions), YY Circle HK (90 % contre 1,900,000 actions), YY Circle Thailand (49 % contre 2,000,000 actions), Transocean (53 % contre 4,500,000 actions), Uniforce (100 % contre S$1,000,000) et Pesticide (100 % contre S$150,000).
La société a également acquis les actifs et la propriété intellectuelle de l'application de gestion des installations 24iFM pour 4,000,000 actions de Classe A pour un usage interne ; cet achat d'actifs ne générera pas immédiatement de revenus indépendants. YY Group a déterminé que, globalement, ces opérations n'excèdent pas le seuil de significativité de 50 %, de sorte que des états financiers pro forma ne sont pas nécessaires en vertu de la Regulation S-X.
YY Group Holding Limited änderte sein Form 6-K, um eine Reihe abgeschlossener Übernahmen und einen Asset-Kauf zwischen Januar und Juli 2025 offenzulegen. Das Unternehmen erwarb Mehrheits- und Minderheitsbeteiligungen an mehreren Gesellschaften in Singapur, Hongkong und Thailand, darunter Mediaplus (54% für S$1,325,000 in bar ܳü 9,260 Class-A-Aktien), Property Facility Services (~99.99997% für S$816,000 in bar, eine aufgeschobene Zahlung von S$784,000, die um bis zu S$500,000 nach unten angepasst werden kann, und 143,516 Aktien), YY Circle HK (90% für 1,900,000 Aktien), YY Circle Thailand (49% für 2,000,000 Aktien), Transocean (53% für 4,500,000 Aktien), Uniforce (100% für S$1,000,000) und Pesticide (100% für S$150,000).
Das Unternehmen erwarb zudem die Assets und das geistige Eigentum der Facility-Management-Anwendung 24iFM für 4,000,000 Class-A-Aktien zur internen Nutzung; dieser Asset-Kauf wird nicht sofort eigenständige Umsätze erzeugen. YY Group stellte fest, dass diese Transaktionen zusammen die 50%-Signifikanzschwelle nicht überschreiten, weshalb nach Regulation S-X keine Pro-forma-Finanzabschlüsse erforderlich sind.
- Completed multiple acquisitions across Singapore, Hong Kong and Thailand, securing majority or full ownership positions in several targets
- Paid consideration using equity and cash, including specific issuances of Class A ordinary shares that are disclosed for each transaction
- Acquired 24iFM assets and IP for internal deployment to enhance integrated facility management operations, explicitly not intended to generate immediate external revenue
- Filing includes executed agreements as exhibits (Exhibits 1.1�1.8), providing source documents for each transaction
- Deferred cash payment with adjustment exposure in the PFS acquisition: S$784,000 payable in 12 months subject to downward adjustment of up to S$500,000 based on December 31, 2024 net asset value
- No pro forma financial statements provided because the company determined aggregate acquisitions do not exceed the 50% significance threshold, limiting consolidated financial impact disclosure
Insights
TL;DR: Multiple cross-border acquisitions and an internal software asset purchase were completed; aggregate activity fell below the SEC significance threshold.
YY Group completed several acquisitions using a mix of cash and substantial Class A share issuances between January and July 2025. The transactions include majority and full ownership stakes and an asset purchase for internal deployment. Management's determination that the aggregate does not exceed the 50% test means no pro forma financials are provided, limiting forward-looking consolidated financial detail for investors.
TL;DR: Transaction set is diversified across jurisdictions and structures, but collectively deemed non-significant under SEC rules.
The deals combine equity-based consideration (several multi-million share issuances) with cash and deferred payments, including an explicit deferred cash adjustment provision (up to S$500,000). The asset acquisition of 24iFM is explicitly non-business under Regulation S-X and intended for internal use, not standalone revenue generation. Documentation for each SPA and the asset purchase agreement are filed as exhibits.
YY Group Holding Limited ha modificato il suo Form 6-K per comunicare una serie di acquisizioni completate e un acquisto di asset tra gennaio e luglio 2025. La società ha acquisito partecipazioni di controllo e di minoranza in diverse entità di Singapore, Hong Kong e Thailandia, tra cui Mediaplus (54% per S$1,325,000 in contanti 辱ù 9,260 azioni di Classe A), Property Facility Services (~99.99997% per S$816,000 in contanti, un importo differito di S$784,000 soggetto a un aggiustamento al ribasso fino a S$500,000, e 143,516 azioni), YY Circle HK (90% per 1,900,000 azioni), YY Circle Thailand (49% per 2,000,000 azioni), Transocean (53% per 4,500,000 azioni), Uniforce (100% per S$1,000,000) e Pesticide (100% per S$150,000).
La società ha inoltre acquisito gli asset e la proprietà intellettuale dell'applicazione per la gestione degli impianti 24iFM per 4,000,000 azioni di Classe A per utilizzo interno; tale acquisto di asset non genererà immediatamente ricavi autonomi. YY Group ha determinato che, complessivamente, queste operazioni non superano la soglia di significatività del 50%, pertanto i bilanci pro forma non sono richiesti ai sensi del Regulation S-X.
YY Group Holding Limited enmendó su Form 6-K para revelar una serie de adquisiciones completadas y una compra de activos entre enero y julio de 2025. La compañía adquirió participaciones de control y minoritarias en varias entidades de Singapur, Hong Kong y Tailandia, incluyendo Mediaplus (54% por S$1,325,000 en efectivo á 9,260 acciones Clase A), Property Facility Services (~99.99997% por S$816,000 en efectivo, un pago diferido de S$784,000 sujeto a un ajuste a la baja de hasta S$500,000, y 143,516 acciones), YY Circle HK (90% por 1,900,000 acciones), YY Circle Thailand (49% por 2,000,000 acciones), Transocean (53% por 4,500,000 acciones), Uniforce (100% por S$1,000,000) y Pesticide (100% por S$150,000).
La compañía también adquirió los activos y la propiedad intelectual de la aplicación de gestión de instalaciones 24iFM por 4,000,000 acciones Clase A para uso interno; esta compra de activos no generará ingresos independientes de forma inmediata. YY Group determinó que, en conjunto, estas transacciones no exceden el umbral de significancia del 50%, por lo que no se requieren estados financieros pro forma según la Regulation S-X.
YY Group Holding Limited� 2025� 1월부� 7� 사이� 완료� 일련� 인수 � 자산 매입� 공개하기 위해 Form 6-K� 수정했습니다. 회사� 싱가포르, 홍콩, 태국� 다수 법인� 대� 지배지� � 소수지분을 인수했으�, 그중에는 Mediaplus(54%� S$1,325,000 현금 � 9,260 클래� A 주식 지�), Property Facility Services(� 99.99997%� S$816,000 현금, 최대 S$500,000까지 하향 조정� � 있는 S$784,000 이연지� � 143,516�), YY Circle HK(90%� 1,900,000�), YY Circle Thailand(49%� 2,000,000�), Transocean(53%� 4,500,000�), Uniforce(100%� S$1,000,000) � Pesticide(100%� S$150,000)가 포함됩니�.
또한 회사� 내부 활용� 위해 24iFM 시설 관� 애플리케이션� 자산 � 지적재산권� 4,000,000 클래� A 주식으로 취득했으�, � 자산 매입은 즉시 독립적인 수익� 창출하지� 않을 예정입니�. YY Group은 이들 거래� 합산했을 � 중요� 기준� 50%� 초과하지 않는다고 판단하여 Regulation S-X� 따라 프로포르� 재무제표� 제출� 필요가 없다� 결론지었습니다.
YY Group Holding Limited a modifié son Form 6-K pour divulguer une série d'acquisitions achevées et un achat d'actifs entre janvier et juillet 2025. La société a acquis des participations de contrôle et minoritaires dans plusieurs entités à Singapour, Hong Kong et Thaïlande, notamment Mediaplus (54 % contre S$1,325,000 en numéraire plus 9,260 actions de Classe A), Property Facility Services (~99.99997 % contre S$816,000 en numéraire, un paiement différé de S$784,000 susceptible d'être ajusté à la baisse jusqu'à S$500,000, et 143,516 actions), YY Circle HK (90 % contre 1,900,000 actions), YY Circle Thailand (49 % contre 2,000,000 actions), Transocean (53 % contre 4,500,000 actions), Uniforce (100 % contre S$1,000,000) et Pesticide (100 % contre S$150,000).
La société a également acquis les actifs et la propriété intellectuelle de l'application de gestion des installations 24iFM pour 4,000,000 actions de Classe A pour un usage interne ; cet achat d'actifs ne générera pas immédiatement de revenus indépendants. YY Group a déterminé que, globalement, ces opérations n'excèdent pas le seuil de significativité de 50 %, de sorte que des états financiers pro forma ne sont pas nécessaires en vertu de la Regulation S-X.
YY Group Holding Limited änderte sein Form 6-K, um eine Reihe abgeschlossener Übernahmen und einen Asset-Kauf zwischen Januar und Juli 2025 offenzulegen. Das Unternehmen erwarb Mehrheits- und Minderheitsbeteiligungen an mehreren Gesellschaften in Singapur, Hongkong und Thailand, darunter Mediaplus (54% für S$1,325,000 in bar ܳü 9,260 Class-A-Aktien), Property Facility Services (~99.99997% für S$816,000 in bar, eine aufgeschobene Zahlung von S$784,000, die um bis zu S$500,000 nach unten angepasst werden kann, und 143,516 Aktien), YY Circle HK (90% für 1,900,000 Aktien), YY Circle Thailand (49% für 2,000,000 Aktien), Transocean (53% für 4,500,000 Aktien), Uniforce (100% für S$1,000,000) und Pesticide (100% für S$150,000).
Das Unternehmen erwarb zudem die Assets und das geistige Eigentum der Facility-Management-Anwendung 24iFM für 4,000,000 Class-A-Aktien zur internen Nutzung; dieser Asset-Kauf wird nicht sofort eigenständige Umsätze erzeugen. YY Group stellte fest, dass diese Transaktionen zusammen die 50%-Signifikanzschwelle nicht überschreiten, weshalb nach Regulation S-X keine Pro-forma-Finanzabschlüsse erforderlich sind.