Yuuzoo Corporation

Management & Corporate Governance

YuuZoo Networks moves corporate support centre to Bangkok; says Singapore office is not a subsidiary

SINGAPORE (June 26): YuuZoo Networks Group says YuuZooNow, which closed its Singapore office in March, is not a subsidiary of the company but a unit of a separate legal entity.

Management & Corporate Governance

YuuZoo sells 2.9% stake in video streaming unit for US$3 mil

SINGAPORE (June 19): YuuZoo Corporation says it has sold a 2.91% stake in its video streaming subsidiary, YuuFlix, for $3 million ($4.1 million) to an unnamed foreign investor which has been fully paid.

Shareholder activism

YuuZoo shareholders call for immediate SGM in light of shares being suspended for 10 months

SINGAPORE (Jan 21): YuuZoo Shareholders Association (YSHA) on Jan 20 claimed that shareholders representing more than 10% of the voting rights of YNG Corporation, formerly known as YuuZoo Corporation, have called for a special general meeting (SGM).

YuuZoo calls for May 16 Special General Meeting to approve changes in its capital structure; CFO Wang quits

SINGAPORE (Apr 23): YuuZoo Corporation, which is under investigations by the Commercial Affairs Department (CAD) over possible breaches of the Securities and Futures Act, is convening a Special General Meeting next month to seek shareholders’ approval f

Management & Corporate Governance

YuuZoo denies blocking access to information, points fingers at independent reviewer

SINGAPORE (Apr 11): YuuZoo Corporation has denied imposing restrictions on independent reviewer Ernst & Young Advisory (EY), and says it was EY itself which made “several restrictions to the scope of engagement.”

Management & Corporate Governance

YuuZoo reaches in-principle agreement with auditor on $8 mil compliance query

SINGAPORE (Mar 29): YuuZoo has arrived at an in-principle agreement to resolve SGX’s query of its $8 million of 4Q other income with its auditor, RT LPP.

SGX slaps trading suspension on YuuZoo

SINGAPORE (Mar 19): Singapore Exchange Regulation (SGX RegCo) has suspended trading in the shares of e-commerce company YuuZoo Corporation with immediate effect.

Management & Corporate Governance

SGX hits YuuZoo with compliance notice to explain variance in numbers

SINGAPORE (Mar 5): E-commerce company YuuZoo Corporation has been asked by the Singapore Exchange to provide further details to explain why certain metrics recently announced in its FY17 earnings fell short.  

Stocks To Watch

Stocks to watch: Singapore’s manufacturing growth, Roxy-Pacific, YuuZoo, Frasers Centrepoint, CWT

SINGAPORE (Oct 3): Here are some stocks that could move the market this Tuesday morning:

YuuZoo expands board and top management team; strives for Finnish excellence in corporate governance

SINGAPORE (Oct 2): Stung by recent criticisms for its weak corporate governance, YuuZoo Corporation has expanded its board and senior management team with the appointment of two board members and five new members.
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