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YuuZoo says it has secured 3-year, S$30m equity funding
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Vivienne Tay
Published Tue, Mar 19, 2019 · 09:50 PM
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Singapore
YUUZOO Networks Group Corp said that it has secured commitment for a three-year, S$30 million funding facility from "Swiss-based" Asia Financial Group (AFG).
According to the Tuesday announcement, YuuZoo may draw down the sum over three years by issuing YuuZoo shares to AFG at a 7.5 per cent discount to the closing price of YuuZoo stock on the drawdown date.
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