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YuuZoo unit initiates judicial recovery proceedings in France

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Published Thu, Sep 6, 2018 · 09:50 PM

Singapore

YUUZOO Networks Group, formerly known as YuuZoo Corp, said on Thursday that it had instructed the management of YuuLog France to initiate judicial recovery proceedings in the French courts.

Although the French subsidiary is solvent, its operations has been negatively impacted by the loss of several major customers", said YuuZoo in a statement.

YuuZooCorporate governance

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