YuuZoo sets up Bangkok corporate centre

Singapore

MAINBOARD-LISTED YuuZoo Networks Group Corporation (YuuZoo) said in a regulatory filing on Monday morning that it has set up a new corporate support centre in Bangkok to take over the functions previously provided from Singapore by YuuZooNow Pte Ltd, which closed its Singapore office in March 2019.

YuuZoo, a social commerce company whose shares are currently suspended amid investigations into its finances, said that Yuu-ZooNow is not its subsidiary. YuuZooNow is instead a subsidiary of British Virgin Islands-registered YuuZoo Corp, which the company says is a different legal entity with a different board.