YYForce Subsidiary Wins SG$15.96 Mln Facility Services Contracts In Singapore
KUALA LUMPUR, Sept 30 (Bernama) -- YYForce Inc (YYForce) announced that its Singapore subsidiary, Hong Ye Group Pte Ltd (Hong Ye Group), has been awarded multiple new commercial cleaning and related facility services contracts in Singapore with an aggregate contract value of approximately SG$15.96 million, or around US$12.5 million. (US$1 = RM4.07)
YYForce Chief Executive Officer, Mike Fu said the new multi-year contract awards expand the company’s commercial services business in Singapore and strengthen Hong Ye Group’s contracted business visibility ahead of the October commencement.
The company in a statement said the newly awarded contracts cover multiple properties in Singapore and are scheduled to commence across October 2026, with varying service periods and principal contracts extending for approximately three years.
Based on current contractual schedules, aggregate contract values are expected to be approximately SG$5.57 million in the first year, SG$5.55 million in the second year and SG$4.84 million in the third year.
In the first half of 2026, YYForce’s integrated facility management (IFM) revenue increased 11.1 per cent year over year to approximately US$16.06 million, supported by new contract wins, renewals of existing projects and full-period contributions from subsidiaries acquired in 2025.
The new awards expand Hong Ye Group’s portfolio of contracted commercial cleaning and facility services work in Singapore and provide YYForce with additional multi-year contracted business visibility, following its recently reported first-half 2026 results.
Hong Ye Group is an important component of YYForce’s IFM operations in Singapore, with the company’s strategy focused on combining established frontline facility services with technology-enabled workforce management and, over time, increasing levels of artificial intelligence (AI), automation and robotics.
YYForce said it believes this model can support improved workforce deployment, service consistency, operating efficiency and scalability.
The newly awarded contracts provide an expanded operating base through which the company can continue developing and deploying technology-enabled solutions within its facility services operations.
-- BERNAMA