SGX chides YuuZoo for 'misusing SGXNet'

Singapore

SINGAPORE Exchange (SGX) on Wednesday rapped YuuZoo Corporation for its May 21 announcement, saying that the company had misused SGXNet.

Then, the social network firm had announced a positive research report about itself (published by Edison Investment Research) as an official release on SGX's website, with a copy of the research report attached. Subsequently, on June 1 - days after The Business Times had flag…