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YuuZoo Networks moves corporate support centre to Bangkok; says Singapore office is not a subsidiary

Samantha Chiew
Samantha Chiew6/24/2019 04:17 PM GMT+08  • 2 min read
YuuZoo Networks moves corporate support centre to Bangkok; says Singapore office is not a subsidiary
SINGAPORE (June 26): YuuZoo Networks Group says YuuZooNow, which closed its Singapore office in March, is not a subsidiary of the company but a unit of a separate legal entity.
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SINGAPORE (June 26): YuuZoo Networks Group says YuuZooNow, which closed its Singapore office in March, is not a subsidiary of the company but a unit of a separate legal entity.

Instead, YuuZoo Networks says YuuZooNow is a subsidiary of Singapore-registered YuuZoo Content Management, which, in turn, is a subsidiary of British Virgin Island-registered YuuZoo Corporation.

In a Sunday filing, YuuZoo Networks says the Singapore office was shuttered in March as the share trading suspension imposed by the Singapore Exchange had resulted in a loss of financing capabilities as well as the loss of signed business agreements.

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