YY Group's Director of Southeast Asia Ken Teng Receives HAPA Hospitality Service Entrepreneur Award

YY Group Holding (NASDAQ: YYGH) announced on Feb 12, 2026 that Ken Teng, Director of Southeast Asia, received the HAPA Hospitality Service Entrepreneur Award for 2026.

Rhea-AI Summary

YY Group Holding (NASDAQ: YYGH) announced on Feb 12, 2026 that Ken Teng, Director of Southeast Asia, received the HAPA Hospitality Service Entrepreneur Award for 2026.

The award recognizes Teng’s leadership using the YY Circle AI-driven staffing and digital platform to improve operational efficiency and create economic opportunities in Malaysia, reinforcing YY Group’s growing influence in Southeast Asia.

Argus Feb 12 session

-0.82% close to close Open Argus

Details

News Market Reaction – YYGH

On Feb 12, the day this news came out, YYGH closed 0.82% below the previous close.

Data tracked by StockTitan Argus for the Feb 12 session.

Key Figures

Award year: 2026

Award year

2026

HAPA Awards for Excellence 2026 recognition

Historical Context

5 past events · Latest: Feb 09

5 events

1. Feb 09

   Asset update

   24h Move

   +10.9%

   Preliminary total and net asset figures and portfolio expansion update.

2. Jan 28

   Warrant repurchase

   24h Move

   +9.2%

   Repurchase and cancellation of outstanding warrants reducing potential dilution.

3. Jan 21

   Business expansion

   24h Move

   +2.1%

   Launch of manpower services for 12 Hong Kong hotels, expanding client base.

4. Jan 13

   Org development

   24h Move

   -0.2%

   Creation of group-level learning and organizational development function.

5. Jan 07

   Debt financing

   24h Move

   -2.7%

   New SGD 10.5M bank facility aimed at expansion and lower finance costs.

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, gig economy

2 terms

integrated facilities management technical

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

A single, coordinated approach to running a company’s buildings and related services—like maintenance, cleaning, security, energy, and equipment—under one manager or contract so systems work together smoothly. Investors care because it can lower operating costs, cut risk, boost property value and tenant satisfaction, and make cash flows more predictable; think of it as one conductor keeping an orchestra in time rather than many soloists.

gig economy technical

"as we redefine the standards of the gig economy in Malaysia"

A labor market made up of short-term, freelance, or on-demand work arranged through apps and platforms rather than traditional full-time jobs. For investors, the gig economy matters because it changes where and how consumers spend, affects companies’ labor costs and flexibility, and creates business opportunities for platforms that connect workers and customers — think of it as a marketplace that replaces steady employment with pay-per-task arrangements.

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Recognition Celebrates Excellence in Hospitality Service and Leadership in the Malaysian Market

SINGAPORE, Feb. 12, 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), is pleased to announce that Mr. Ken Teng, Director of Southeast Asia for YY Group, has been presented with the Hospitality Service Entrepreneur Award at the HAPA Awards for Excellence 2026. The HAPA Awards are a recognized benchmark for service excellence in Asia, celebrating individuals and organizations that demonstrate outstanding leadership and innovation within the hospitality sector.

The award recognizes Mr. Teng's role in transforming the Malaysian hospitality landscape through the YY Circle platform. By utilizing AI-driven staffing and digital solutions, he has effectively bridged the gap between hospitality providers and a flexible workforce, enhancing operational efficiency for businesses while creating significant economic opportunities for the local community.

"Receiving this recognition from HAPA is a testament to the hard work and dedication of the entire YY Circle team," said Mr. Ken Teng. "Our mission has always been to empower the hospitality sector through technology and high-quality service. This award motivates us to continue innovating and providing exceptional value to our partners and users as we redefine the standards of the gig economy in Malaysia."

This achievement highlights the growing influence of YY Group Holding Limited in the Southeast Asian market. As the company continues to scale its technology-driven human resources and hospitality services, this recognition from an industry authority like HAPA reinforces the group's commitment to setting high standards in service and operational excellence across its regional footprint.

About YY Group Holding 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. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under 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

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What did YY Group (YYGH) announce on February 12, 2026 about Ken Teng?

YY Group announced that Ken Teng received the HAPA Hospitality Service Entrepreneur Award on February 12, 2026. According to the company, the award recognizes his leadership in deploying YY Circle's AI-driven staffing and digital solutions to enhance hospitality operations in Malaysia.

What is the HAPA Hospitality Service Entrepreneur Award that Ken Teng won?

The HAPA Hospitality Service Entrepreneur Award recognizes service excellence and innovation in Asia's hospitality sector. According to the company, HAPA honored Teng for transformative leadership and measurable improvements in workforce solutions via the YY Circle platform in Malaysia.

How did Ken Teng and YY Circle influence the Malaysian hospitality market for YYGH?

Ken Teng used YY Circle’s AI-driven staffing and digital tools to bridge hospitality providers with flexible workers, improving efficiency. According to the company, this approach created operational improvements for businesses and economic opportunities for the local community in Malaysia.

What does the HAPA award mean for YY Group (YYGH) from an investor perspective?

The award is a recognition of YY Group’s regional traction and service quality in Southeast Asia, which may support brand credibility. According to the company, the accolade underscores their commitment to technology-driven HR and hospitality services across the region.

Does Ken Teng’s HAPA award indicate YY Group (YYGH) will expand further in Southeast Asia?

The award signals strengthened regional influence and industry recognition but does not constitute a formal expansion announcement. According to the company, the recognition reinforces YY Group's commitment to scaling technology-driven workforce and hospitality services in the region.