Prolonged audit behind delayed AGM: YuuZoo

Singapore

YUUZOO Corp is pushing back its annual general meeting (AGM) - and the publication of its annual report - due to delays in the audit being carried out by RT, the social commerce company announced on Monday.

Singapore-listed companies have four months to conduct an AGM after their financial years end. Yuuzoo, whose fiscal year ends on Dec 31, had missed its April 30 deadline and now expects to hold its AGM by May 30, 2017 instead.

In response to a query by the Singapore Exchange (SGX), Yuuzoo said on Monday that its audit has been delayed as …