SUBSCRIBERS
SGX raps YuuZoo on highlighting 'most optimistic valuation' in report via SGXNet
Published Fri, Jul 15, 2016 · 09:50 PM
Singapore
THE Singapore Exchange (SGX) took YuuZoo Corporation to task on Friday over the use of a press release highlighting "the most optimistic valuation" of the company in a research report.
SGX reprimanded the IT company, which had put out a news release in May 2015 based on a report from Edison Investment Research that highlighted a S$1.83 fair value.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
Luminar to cut nearly 20% jobs as part of restructuring
TD risks an earnings hit from US laundering probe, analysts say
Everything Apple plans to show at May 7 ‘let loose’ iPad event
BNP weighing up to 150 job cuts in Geneva to slash costs
Bitcoin’s wild price swings point to the rising influence of ETF buyers