YY Group Appoints Ken Teng as Director of Southeast Asia

YY Group (NASDAQ: YYGH) promoted Ken Teng from Country Director, Malaysia to Director of Southeast Asia, effective December 15, 2025.

Rhea-AI Summary

YY Group (NASDAQ: YYGH) promoted Ken Teng from Country Director, Malaysia to Director of Southeast Asia, effective December 15, 2025.

Mr. Teng expanded Malaysia operations from a single-state presence to a nationwide footprint including Selangor, Penang, Johor Bahru, Sabah, Sarawak and Langkawi, and management projects 2025 Malaysia revenue approaching US$10 million. In the new role he will oversee regional operations and lead planned market entries into Indonesia and the Philippines, building on existing positions in Malaysia, Singapore, and Thailand.

Positive

• 2025 Malaysia revenue projected to approach US$10 million
• Expanded Malaysia footprint from single-state to nationwide (multiple states)
• Promotion centralizes regional strategy under an experienced leader with 13+ years experience
• Planned market expansion into Indonesia and the Philippines

Negative

• None.

Argus Dec 15 session

-7.47% close to close Open Argus

Details

News Market Reaction – YYGH

On Dec 15, the day this news came out, YYGH closed 7.47% below the previous close.

Data tracked by StockTitan Argus for the Dec 15 session.

Key Figures

2025 Malaysia revenue outlook: US$10 million Leadership tenure Malaysia: Since 2022 Industry experience: 13 years

2025 Malaysia revenue outlook

US$10 million

Management projection for 2025 Malaysia operations revenue

Leadership tenure Malaysia

Since 2022

Ken Teng serving as Country Director for Malaysia

Industry experience

13 years

Experience in digital transformation, infrastructure management and business strategy

Historical Context

5 past events · Latest: Dec 08

5 events

1. Dec 08

   Leadership hire

   24h Move

   -1.1%

   Created Chief Product Officer role and appointed Eli Yu to lead strategy.

2. Dec 01

   Service contract

   24h Move

   +7.0%

   Won three-year facility maintenance contract with a major international bank.

3. Nov 25

   Client portfolio win

   24h Move

   -0.8%

   Thailand unit added JW Marriott to casual staffing hotel client base.

4. Nov 03

   Tech partnership

   24h Move

   -2.0%

   Formalized KEENON Robotics partnership for AI-enabled service robots deployment.

5. Oct 29

   Staffing agreement

   24h Move

   +18.5%

   Signed manpower services deal to staff Chagee teahouses in Singapore.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

integrated facilities management (IFM), on-demand workforce solutions

2 terms

integrated facilities management (IFM) technical

"on-demand workforce solutions and integrated facilities management (IFM), today announced"

Integrated facilities management (IFM) is a single, coordinated approach to running and maintaining a company’s physical assets—buildings, equipment, security, cleaning and utilities—under one contract or management team rather than through multiple separate vendors. For investors it matters because IFM can reduce costs, simplify operations, improve uptime and predictability, and concentrate service risk and performance into one measurable relationship, affecting profitability and capital efficiency.

on-demand workforce solutions technical

"a global leader in on-demand workforce solutions and integrated facilities"

On-demand workforce solutions are services or platforms that quickly connect businesses with temporary workers, freelancers or contractors for short-term tasks or shifting workloads, similar to summoning a ride with an app when you need one. For investors, they matter because they change how companies control labor costs, scale operations and recognise revenue — offering faster growth potential but exposing providers to competition, variable margins and labor-regulation risks.

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New role strengthens YY Group's regional leadership and supports accelerated growth

SINGAPORE, Dec. 15, 2025 /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 the promotion of Mr. Ken Teng, the Company's Country Director for Malaysia, to Director of Southeast Asia, effective immediately. In his new role, Mr. Teng will oversee YY Group's regional operations and drive the Company's ongoing strategic expansion across key Southeast Asian markets.

Mr. Teng has served YY Group as Country Director for Malaysia since 2022, playing a pivotal role in establishing and scaling YY Group's presence in the country. He has driven remarkable growth across Malaysia, expanding from a single-state operation in Kuala Lumpur to a nationwide footprint that now includes Selangor, Penang, Johor Bahru, Sabah, Sarawak, Langkawi and other key regions. The Company's Malaysia operations have also achieved significant revenue milestones under his leadership, underpinned by a robust deal pipeline. Management currently projects 2025 revenue from Malaysia operations to approach US$10 million, reflecting continued growth momentum.

Over the past few years, YY Group has rapidly expanded its footprint across Southeast Asia, building on strong performances in Malaysia, Singapore, and Thailand. Mr. Teng's dedication to operational excellence and customer-centric innovation has made the Company a trusted player in the region's on-demand staffing sector, positioning YY Group for its next phase of growth. Led by Mr. Teng, YY Group plans to accelerate this momentum by entering new markets in the region such as Indonesia and the Philippines, extending its reach to a broader customer base.

"Ken has demonstrated exceptional leadership, deep market understanding, and a strong ability to execute complex growth strategies throughout his tenure in Malaysia," said Mr. Mike Fu, CEO of YY Group. "This promotion reflects our confidence in his ability to continue scaling YY Group's operations across Southeast Asia and further strengthen our regional partnerships."

Mr. Teng commented, "I'm honored to take on this expanded role as our Southeast Asia operations reach an exciting new growth stage. Our achievements in Malaysia have shown what's possible when technology and talent come together. I look forward to extending our winning model across Southeast Asia as we accelerate development and unlock new opportunities in emerging markets."

Prior to joining YY Group, Mr. Teng held several leadership roles in IT and business development with Malaysia-listed companies and multi-national corporations. He brings over 13 years of experience in digital transformation, infrastructure management, and business strategy, and holds a bachelor's degree in information technology from Olympia University and an MBA from Segi University.

About YY Holdings Limited
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 https://yygroupholding.com/.

Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, which are not historical facts, include, among others, statements regarding YY Group Holding Limited's beliefs, expectations, and plans related to its business strategy, regional expansion, and growth opportunities across Southeast Asia. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those expressed or implied in such statements. Factors that could cause or contribute to such differences include, but are not limited to: (i) the Company's ability to successfully execute its regional growth plans and market entry strategies; (ii) economic and business conditions in Southeast Asia and other key markets; (iii) competition within the on-demand staffing and integrated facilities management sectors; (iv) changes in government policies, regulations, or labor laws; and (v) other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," or similar expressions. All forward-looking statements in this release are based on information currently available to YY Group Holding Limited as of the date of this press release. The Company undertakes no obligation to update these statements, except as required by applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com 

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SOURCE YY Group Holding Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What role did Ken Teng receive at YY Group (YYGH) and when was it effective?

Ken Teng was promoted to Director of Southeast Asia, effective December 15, 2025.

How much revenue does YY Group expect from Malaysia operations in 2025 (YYGH)?

Management projects 2025 revenue from Malaysia operations to approach US$10 million.

Which Malaysian regions has Ken Teng expanded YY Group into before his promotion?

He expanded from Kuala Lumpur to Selangor, Penang, Johor Bahru, Sabah, Sarawak, Langkawi and other key regions.

What markets will Ken Teng focus on for YY Group (YYGH) expansion in Southeast Asia?

He will oversee expansion across Southeast Asia, with planned entries into Indonesia and the Philippines.

How does YY Group describe Ken Teng’s background relevant to his new role (YYGH)?

He brings over 13 years of experience in digital transformation, infrastructure management, and business strategy.

Will Ken Teng’s promotion change YY Group’s regional operations strategy (YYGH)?

Yes; he will oversee regional operations and drive accelerated strategic expansion across key Southeast Asian markets.