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Will YuuZoo's new funding deal wreck its share price?

Chief executive Thomas Zilliacus says YuuZoo shares are "terribly under-valued". But the company's most recent cash call could give investors another reason to pause.

IT may come across as a simple deal, but YuuZoo Corp's recently announced S$30 million funding facility from US-based fund GEM Global is by no means heartening for investors saddled by the anaemic showing of its stock since its debut on the Singapore Exchange a year ago.

It also signals...

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