YY Group buys 95% of Xtreme Solutions for S$4.5 million
Reuters2026/08/04 11:38- YY Group acquired 95% of Singapore distributor Xtreme Solutions for S$ 4.5 million, paid via S$ 900,000 cash and S$ 3.6 million in Class A shares.
- The shares carry a 12-month lock-up; the deal is expected to lift revenue and net profit from the first full quarter post-close.
- Xtreme generated about S$ 6 million revenue and S$ 600,000 net profit in the year ended March 31, 2026.
- YY Group plans to build out e-commerce and digital marketing to scale sales, using its MediaPlus unit and YY Circle member base.
- The target’s management team will continue to run the business under a service agreement, keeping its existing brand and store presence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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