YYC and Simbiosis Join Forces to Empower Singaporean Businesses

12-12- 2024

Malaysian professional services firm YYC has announced a strategic acquisition of a significant stake in Simbiosis, a boutique firm based in Singapore specializing in accounting, tax, and corporate secretarial services. This partnership marks a major step in YYC’s mission to expand its footprint across Southeast Asia and enhance its suite of financial solutions tailored to businesses in the region.

This latest acquisition represents YYC’s second strategic investment in Singapore, further reinforcing its commitment to regional growth. In addition, the firm has secured substantial stakes in MyWave, an advanced HR software platform, and Smart-Acc, a POS-integrated accounting software system. These investments underscore YYC’s dedication to integrating technology with financial expertise to provide efficient and sustainable business solutions.

Expanding Capabilities Through Collaboration

YYC’s Chief Executive Officer, Datin Yap Shin Siang, highlighted the significance of the partnership with Simbiosis, emphasizing its potential to enhance service delivery in Singapore.

“Our collaboration with Simbiosis is a testament to our commitment to empowering businesses with world-class accounting and tax solutions. By leveraging our combined expertise, we aim to address the unique challenges faced by entrepreneurs and provide them with sustainable growth strategies,” she said.

Datin Yap also stressed that the partnership is not just about business expansion but about equipping entrepreneurs with the tools they need to navigate complexities with confidence and clarity.

“We want to help businesses prepare for future challenges by providing them with the resources and insights necessary to thrive in an increasingly competitive landscape,” she added.

A Shared Vision for Business Excellence

Mr. Choi Meng Yee, Director of Simbiosis, expressed his enthusiasm about the collaboration, highlighting the value it brings to clients.

“At Simbiosis, we have always prioritized delivering personalized services that align with our clients’ unique needs. Partnering with YYC enhances our ability to offer innovative, efficient, and transparent financial solutions while upholding our commitment to ethical business practices,” he stated.

He further emphasized that the alliance is built on shared values, aiming to drive excellence and create a symbiotic relationship that benefits clients, employees, and the wider business ecosystem in Singapore.

A Stronger Future for Businesses in Singapore

This strategic collaboration brings together YYC’s extensive regional expertise and Simbiosis’ tailored client-focused approach, promising to elevate the quality of accounting, tax, and corporate secretarial services in Singapore. By merging technology-driven solutions with personalized service, both firms are set to provide businesses with a solid foundation for growth and operational efficiency.

As YYC continues to expand its presence in the region, it remains committed to supporting businesses in overcoming challenges, seizing new opportunities, and achieving sustainable success in Singapore’s dynamic economic landscape.