You are here

YuuZoo Corporation - a governance nightmare

Besides losing key people, it has repeatedly delayed AGM, faced SGX queries.

In 2015, a lawsuit was filed in a US court against several parties, including YuuZoo and Mr Zilliacus (left). In 2016, the two filed a motion to dismiss all claims brought against them. In May 2017, the court found that it did have specific jurisdiction over the defendants, and dismissed their motion.

YUUZOO Corporation, a social media and e-commerce company, was incorporated in Bermuda and became listed on the Mainboard of Singapore Exchange (SGX) through a reverse take-over (RTO) of W Corporation. It commenced trading on Sept 16, 2014.

Since its listing, YuuZoo has had at least 15...

Market voices on: