YY Group Holding Limited Class A (YYGH) has released an update.
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YY Group Holding Limited has entered into a significant Share Sale Agreement with V Capital Consulting Limited, involving the acquisition of 1,832,700 ordinary shares for a total of USD 1,012,458. The transaction, dated September 13, 2024, includes an escrow arrangement facilitated by Ortoli Rosenstadt LLP to ensure the secure transfer of shares and funds. This strategic move could signal a new phase of growth for the company as it undertakes its initial public offering on the NASDAQ stock exchange.
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