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SGX raps YuuZoo on highlighting 'most optimistic valuation' in report via SGXNet

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Published Fri, Jul 15, 2016 · 09:50 PM

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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.

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