YYC Expands into Hong Kong through Strategic Acquisition with ABP 

Published: 23 September 2025

YYC, a Malaysian accounting and business advisory firm backed by SeaTown Private Capital Fund, officially entered the Hong Kong market through a strategic partnership with The Asian Business Partner Co Ltd (ABP). This announcement marks YYC’s first footprint in Hong Kong, significantly extending its regional reach beyond its established operations in Malaysia and Singapore. SeaTown Private Capital Fund, managed by SeaTown Holdings International - an Asia-focused alternative investment firm under Temasek’s asset management group - reinforces YYC’s strong financial foundation and strategic ambitions. ABP, a respected Hong Kong–based advisory firm, brings nearly four decades of experience in serving international clients.  

This collaboration underscores YYC’s ongoing regional expansion and strategic growth journey. As Malaysian and Singaporean entrepreneurs increasingly seek to establish a presence in Hong Kong, and international businesses regard Malaysia, Singapore, and Hong Kong as a gateway to the Asia-Pacific region, this partnership is timely. It enables clients to benefit from YYC’s expertise in accounting, tax, and corporate advisory, complemented by ABP’s strong capabilities in Hong Kong corporate services, payroll administration, and family office advisory.  

Datin Yap Shin Siang, Group Chief Executive Officer of YYC, highlighted the strategic importance of the move: “This move capitalizes on the growing trend of businesses and high-net-worth individuals simultaneously establishing a presence in Malaysia, Singapore, and Hong Kong to preserve and grow their wealth across these financial centres. With our established presence in Singapore and Malaysia, plus our partnership with ABP, we are uniquely positioned to serve clients across these three jurisdictions with seamless, integrated services.”  

She further remarked on the rapidly evolving landscape of wealth management in Hong Kong, noting that “Hong Kong’s family office landscape is experiencing remarkable growth, with a projected 43% increase in 2025 driven by government initiatives and the city’s unique advantages as a global financial hub. Partnering with ABP, which has been serving international clients since 1997, allows us to provide clients with comprehensive solutions to expand and succeed in Hong Kong.”