AcquisitionsAug 4, 2026, 07:41 AM
YY Group Acquires 95% of Xtreme Solutions for S$4.5M
AI Summary
YY Group Holding Limited has completed the acquisition of a 95% interest in Xtreme Solutions Pte. Ltd., a Singapore-incorporated distributor, for S$4.5 million (approximately US$3.5 million). The consideration was paid through S$0.9 million in cash and S$3.6 million in Class A ordinary shares, subject to a 12-month lock-up. Xtreme Solutions generated S$6.0 million in revenue and S$600,000 in net profit for its financial year ended March 31, 2026. YY Group expects the acquisition to be accretive to revenue and net profit, leveraging its digital marketing and technology capabilities to modernize the target's operations and expand its reach.
Key Highlights
- Acquired 95% interest in Xtreme Solutions Pte. Ltd.
- Total consideration of S$4.5 million (US$3.5 million).
- Paid S$0.9 million in cash and S$3.6 million in Class A shares.
- Target's FY2026 revenue was S$6.0 million (US$4.7 million).
- Target's FY2026 net profit was S$600,000 (US$0.47 million).
- Acquisition expected to be accretive to revenue and net profit.
- Plans to modernize digital storefront and expand into overseas markets.
Price Impact
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