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W Corp receives in-principle approval for RTO of YuuZoo

Proposed $490.9m deal downsized from $582.3m

Published Mon, Jun 2, 2014 · 10:00 PM

SINGAPORE could soon see the first public listing of a social networking platform if YuuZoo Corporation's back-door listing on the Singapore Exchange (SGX) successfully goes through.

W Corporation, formerly Contel Corporation, said yesterday that it has received the approval-in-principle from SGX for its proposed $490.9 million acquisition of Y…

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