Corporate digest

YuuZoo Corporation

THE directors of embattled online media company YuuZoo Corporation have called for an extraordinary general meeting on May 16, for shareholders to approve a proposed restructuring that would see the company shift its registration from Bermuda to the British Virgin Islands.

The reason they gave for the move is to change YuuZoo's capital structure from par value to non-par value shares. The board said that this "will provide the company with flexibility on its future capital st…