YY Group shares surge 15.29% premarket after securing 3-year facility maintenance contract with major international bank in Singapore.

YY Group surged 15.29% in premarket trading following the announcement of a three-year facility maintenance contract with a major international bank in Singapore. The agreement, marking the company’s entry into the financial services sector, expands its client base and enhances revenue stability through long-term recurring service streams. The deal aligns with YY Group’s strategy to diversify its operations beyond hospitality, healthcare, and retail, reinforcing its leadership in Singapore’s IFM industry. The CEO highlighted the partnership as a milestone in scaling the business and creating long-term value, underscoring investor optimism about the contract’s potential to drive sustainable growth.