YuuZoo says it'll be more mindful about 'over-promising' to shareholders
At its AGM, owners pass all resolutions, including one to issue up to 1.5m stock options to chairman
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
YUUZOO Corporation is taking a more conservative approach to reporting its finances and is seeking better executives and board members, its directors said on Friday as shareholders voiced displeasure about unfulfilled promises and instability at the top.
"Having a much more conservative accounting policy on how we book the franchise revenue makes a lot of sense moving forward," executive chairman Thomas Ziliacus said at the annual general meeting (AGM).
Copyright SPH Media. All rights reserved.
TRENDING NOW
From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
