Yuuzoo financial controller leaves; parties disagree on reason for departure
THE group financial controller of Yuuzoo Corp has left the social-commerce business amid its annual audit, the company announced on Thursday.
Thai Youn Fatt, who was hired in January 2015, left the company this week. Yuuzoo said that he had breached his employment contract.
When reached by The Business Times, Mr Thai disputed that he had breached his contract, saying that he had resigned. He declined to elaborate on the reasons for his resignation.
Mr Thai is the latest in a string of key executives at Yuuzoo - many of them from the finance function - who have left the company since it became a listed company on the Singapore Exchange in 2014 following a reverse takeover of the former W Corp.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Pound boosted with BOE seen staying on hold until after election
AEM, UMS, NetLink and Baker Tech directors acquire stock
What to expect as US moves towards faster stock settlement
Businesses in DC blame the government for the district’s empty offices
Canada orders dissolution of two firms, citing national security concerns
Millennium asked Weiss to cut staff, expel clients in deal talks