You are here

YuuZoo buys 30% of Infocomm Asia Holdings for S$2.39m

Mr Zilliacus says the partial acquisition gives YuuZoo the same benefits as a full acquisition.


SINGAPORE-listed social e-commerce company YuuZoo on Monday said that it has acquired 30 per cent of Infocomm Asia Holdings (IAH), a distributor of online and box games in South-east Asia, for S$2.39 million.

The payment to IAH shareholders will be through the issuance of...