YY Group Holding Ltd. Adopts 2024 Share Incentive Plan
Ticker: YYGH · Form: 6-K · Filed: Jan 17, 2025 · CIK: 1985337
| Field | Detail |
|---|---|
| Company | Yy Group Holding Ltd. (YYGH) |
| Form Type | 6-K |
| Filed Date | Jan 17, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: incentive-plan, equity-compensation, employee-retention
TL;DR
YY Group Holding Ltd. just launched a new stock incentive plan to keep its best people happy and motivated.
AI Summary
On January 16, 2025, YY Group Holding Limited adopted a 2024 share incentive plan to motivate, attract, and retain employees, directors, and consultants. The plan aims to align their interests with the company's long-term success.
Why It Matters
This plan could incentivize key personnel, potentially leading to improved performance and shareholder value by aligning employee interests with the company's growth.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a standard share incentive plan adoption, with no immediate negative financial implications.
Key Players & Entities
- YY Group Holding Limited (company) — Filer of the 6-K report and adopter of the incentive plan
- 2024 share incentive plan (plan) — The new plan adopted by the company
- January 16, 2025 (date) — Date the 2024 share incentive plan was adopted
FAQ
What is the primary purpose of the 2024 share incentive plan adopted by YY Group Holding Limited?
The plan was adopted to motivate, attract, and retain employees, directors, and consultants.
When was the 2024 share incentive plan officially adopted by YY Group Holding Limited?
The plan was adopted on January 16, 2025.
What type of filing is this document?
This document is a Form 6-K, a Report of Foreign Private Issuer.
What is the principal executive office address for YY Group Holding Limited?
The principal executive offices are located at 60 Paya Lebar Road #09-13/14/15/16/17 Paya Lebar Square, Singapore 409051.
Does YY Group Holding Limited file annual reports under Form 20-F?
Yes, the registrant indicates it files annual reports under cover of Form 20-F.
Filing Stats: 289 words · 1 min read · ~1 pages · Grade level 18.4 · Accepted 2025-01-17 14:21:44
Filing Documents
- ea0228046-6k_yygroup.htm (6-K) — 11KB
- ea022804601ex10-1_yygroup.htm (EX-10.1) — 174KB
- 0001213900-25-004530.txt ( ) — 186KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 2025 Commission File Number: 001-42026 YY Group Holding Limited 60 Paya Lebar Road #09-13/14/15/16/17 Paya Lebar Square Singapore 409051 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: Yes No If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): On January 16, 2025, YY Group Holding Limited (the “Company”) adopted a 2024 share incentive plan (the “2024 Plan”) to motivate, attract and retain directors, consultants or key employees to exert their best efforts on behalf of the Company and link their personal interests to those of the Company’s shareholders. The 2024 Plan has a maximum number of 3,500,000 Class A Ordinary Shares of the Company available for issuance pursuant to all awards under the 2024 Plan. 1 EXHIBIT INDEX Exhibit No. Description 10.1 YY Group Holding Limited 2024 Share Incentive Plan 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. YY Group Holding Limited Date: January 17, 2025 By: /s/ Fu Xiaowei Name: Fu Xiaowei Title: Chief Executive Officer, Chairman and Director 3