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 strategic expansion across key Southeast Asian markets.

Driving Growth Across Malaysia and Beyond

Mr. Teng has served as Country Director for Malaysia since 2022, where he played a pivotal role in establishing and scaling YY Group’s presence nationwide. Under his leadership, the Company expanded from a single-state operation in Kuala Lumpur to a multi-region footprint across Selangor, Penang, Johor Bahru, Sabah, Sarawak, Langkawi, and other key markets.

YY Group’s Malaysia operations have achieved significant revenue milestones during this period, supported by a strong and growing deal pipeline. Management currently projects that revenue from Malaysia operations will approach US$10 million in 2025, reflecting sustained momentum and demand.

Accelerating Regional Expansion

YY Group has rapidly expanded its footprint across Southeast Asia, building on strong performances in Malaysia, Singapore, and Thailand. Mr. Teng’s customer-focused leadership and operational excellence have helped position the Company as a trusted provider in the region’s on-demand staffing sector.

In his expanded role, Mr. Teng will lead YY Group’s next phase of regional growth, including planned market entry into emerging Southeast Asian economies such as Indonesia and the Philippines.

“Ken has demonstrated exceptional leadership, deep market understanding, and a strong ability to execute complex growth strategies throughout his tenure in Malaysia,” said 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.”

“I’m honored to take on this expanded role as our Southeast Asia operations reach an exciting new growth stage,” said Teng. “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.”

Leadership Background

Prior to joining YY Group, Mr. Teng held senior leadership roles in IT and business development with Malaysia-listed companies and multinational corporations. He brings more than 13 years of experience in digital transformation, infrastructure management, and business strategy.

Mr. Teng holds a bachelor’s degree in Information Technology from Olympia University and an MBA from Segi University.

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