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 for proposed changes in its capital structure.

See: CAD raids YuuZoo's office; passport of chairman Zilliacus seized

In its restructuring plans, YuuZoo intends to deregister as a company in the Bermudas and register itself as a limited liability company in the British Virgin Islands.

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