| Latest Forum Topics / YuuZoo Networks |
|
|
Yuuzoo Next Alibaba Fast -Grow E-commerce
|
|||||
|
clickshop1628
Master |
01-Jan-2016 03:31
|
||||
|
x 0
x 0 Alert Admin |
Next week cheong liao lah. This court case had been a drag on Yuuzoo' s price because of unknown legal costs and uncertainty. Now that uncertainty is off. The acquisition will go on and Yuuzoo will get back its money. Cheong ah.... |
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
31-Dec-2015 23:10
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Happy New Year to all Yuuzoo shareholders! |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Redstar8730
Master |
31-Dec-2015 22:50
|
||||
|
x 0
x 0 Alert Admin |
2016 new year wish, all shortist tng ko lan, 1..2..3 cool. | ||||
| Useful To Me Not Useful To Me | |||||
|
samson
Master |
31-Dec-2015 21:32
|
||||
|
x 0
x 0 Alert Admin |
Dear All , Yiuzoo suppoeter Happy New Year 2016 wish every day Yuuzoo up and up all can huat . We don't care Good.New or bad New as long next week will be back above $0.20 we will let the market will deside. | ||||
| Useful To Me Not Useful To Me | |||||
|
Cool.123
Master |
31-Dec-2015 20:23
|
||||
|
x 0
x 0 Alert Admin |
Another piece of bad news. Chief Revenue Officer resigned in less than 10 months. Will start the new year with bloodly slaughter on next Monday. Huat ah!!!!!!!!!!!!! | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Cool.123
Master |
31-Dec-2015 16:32
|
||||
|
x 0
x 0 Alert Admin |
What a bad news. People owe money n actually can get back 6.9 million dollar back but now compromise to get only 4 million dollar over 3years n get 30% of lousy share. | ||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
31-Dec-2015 15:21
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
The dumping of Yuuzoo this morning & strong support found at 19.1c and 19.2c say it all, the good news.
Wait till Q4 & FY 2015 result to be out in February 2016, more good news to pump up this Yuuzoo to a higher level.
|
||||
| Useful To Me Not Useful To Me | |||||
|
killakammy
Senior |
31-Dec-2015 15:12
|
||||
|
x 0
x 0 Alert Admin |
I actually think this is great news. History: 1. Yuuzoo was going to acquire 100%  IAH for 50m shares. 2. YuuZoo had extended 6.5m loan to IAH, which IAH refused to return due to dispute. Now: 1. Yuuzoo acquires 30% of IAH for 30% of the 50m shares that were supposed to be issued. So the valuation of IAH pretty much the same. 2. YuuZoo gets back S$2.9m of the S$6.5m outstanding from the vendors of IAH who will provide procceeds from consideration shares given to them. 3. IAH vendors now contractually on the hook to pay back balance $3.6m + interest through personal means. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
edwinjup
Supreme |
31-Dec-2015 14:35
|
||||
|
x 0
x 0 Alert Admin |
Wakao...wat kind.of settlement?? Give 15m shares to buy a company.that owe them money...and.i.just wonder.. if iah sold.all.15m shares once get it...and maybe go holland before.2018.....what will happen to yuuzoo.....why dont yuuzoo stop.issue new shares...just ask iah to.return maybe $2mcash (great discount given ) and 30%of share......if a company take years.to return loan...the company good.meh????
|
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
31-Dec-2015 14:08
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
SGXNET announcement
SETTLEMENT OF THE LEGAL DISPUTES BETWEEN YUUZOO AND INFOCOMM ASIA HOLDINGS LTD. Singapore, 31 December, 2015: Singapore Stock Exchange (?SGX-ST?) listed YuuZoo Corporation Limited (?YuuZoo? SGX: AFC.SI) and Infocomm Asia Holdings Ltd. (?IAH?) have entered into an agreement whereby they have settled all outstanding legal disputes (announcement dated 10 July 2015 and 03 August 2015) (?Settlement?). Each party has executed a notice of discontinuance for their complaint in the High Court of the Republic of Singapore (filed on 01 July 2015). The Settlement includes the following terms: ? Revised terms for the acquisition of IAH (announcement dated 16 February 2015) The Settlement supersedes all terms of the previous February acquisition agreement. YuuZoo will now acquire 30% of IAH. The consideration for this acquisition 15 million YuuZoo shares (?New Shares?) issued to IAH and/or its nominees. The effective consideration paid by YuuZoo for IAH will be approximately equal to US$2.048 million (S$2.895 million), given the last traded price of YuuZoo shares on the SGX-ST of SGD 0.193. ? Return of S$6.5 million loan, with interest (?Loan?), from IAH to YuuZoo YuuZoo and IAH have agreed a schedule for repayment of the Loan, with the full amount to be paid no later than end March 2018. IAH?s repayment of the Loan to YuuZoo will be part-funded from proceeds from the New Shares. ? Access for YuuZoo to IAH?s user-base and integration of YuuZoo-IAH businesses The Settlement has given YuuZoo access to IAH?s 32 million registered users, in seven S.E. Asian markets. YuuZoo?s renewed ties with IAH will open up strategic partnerships with leading media groups in Vietnam and Thailand. Further, to optimise YuuZoo?s gross revenue, IAH integrate YuuZoo?s offerings into its ongoing business, including the YuuPay payment platform. The IAH acquisition is a strategic move for YuuZoo. The games-sector is a key driver for user growth and revenue. IAH?s gaming focus shares several synergies with YuuZoo?s social commerce business, and the further development of targeted games-focused communities has tremendous monetisation potential. BY ORDER OF THE BOARD Thomas Zilliacus Executive Chairman 31 December 2015 |
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
31-Dec-2015 14:06
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
I want to undersatnd a bit more about that settlement of US$6.5mil. So it says: Return of S$6.5 million loan, with interest (&ldquo Loan&rdquo ), from IAH to YuuZoo YuuZoo and IAH have agreed a schedule for repayment of the Loan, with the full amount to be paid no later than end March 2018. IAH&rsquo s repayment of the Loan to YuuZoo will be part-funded from proceeds from the New Shares. Yuuzoo gives IAH 15 mil new shares and take 30% of IAH but no cash was involved.  What proceeds from new shares are we talking about here?  So what does it means exactly? A) IAH return those shares back to Yuuzoo so effectively Yuuzoo wouldn' t get back all that $6.5mil? or B) IAH will sell those 15 mil shares in open market to raise cash and return that to Yuuzoo? Can someone familiar with the issue advise?
|
||||
| Useful To Me Not Useful To Me | |||||
|
dyingcat
Veteran |
31-Dec-2015 13:58
|
||||
|
x 0
x 0 Alert Admin |
To me, it is good news. At least we know 6.5m will be recovered. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sheerluck
Supreme |
31-Dec-2015 13:55
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
You mean the settlemetn with IAH?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Cool.123
Master |
31-Dec-2015 13:53
|
||||
|
x 0
x 0 Alert Admin |
I do not know how you guys will be happy. Just announced a bad bad news. Remain shorted. Huat ah!!!!! | ||||
| Useful To Me Not Useful To Me | |||||
|
lglg666
Supreme |
31-Dec-2015 13:43
|
||||
|
x 0
x 0 Alert Admin |
Let's hope 2016 be a better year for all. Meanwhile wishing every bro and sis a Happy and Heathly New Year. | ||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
31-Dec-2015 09:15
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Last half day trading for 2015. Let's see how much Yuuzoo can climb towards 20c price, provided the broader market here can hold well.
Monday shall start 2016 brand new year of trading |
||||
| Useful To Me Not Useful To Me | |||||
|
Cool.123
Master |
30-Dec-2015 14:24
|
||||
|
x 0
x 0 Alert Admin |
Let us short it below 0.188 today. Hahaha. | ||||
| Useful To Me Not Useful To Me | |||||
|
lglg666
Supreme |
30-Dec-2015 14:11
|
||||
|
x 0
x 0 Alert Admin |
Slowly sinking to the bottom? Again, so soon? Crap!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
Cool.123
Master |
30-Dec-2015 11:24
|
||||
|
x 0
x 0 Alert Admin |
Time to short. All flow me! | ||||
| Useful To Me Not Useful To Me | |||||
|
edededc
Member |
29-Dec-2015 17:37
|
||||
|
x 0
x 0 Alert Admin |
simply no volume = no interest. And i thought I saw some accumulation going on, i was dead wrong. Shortist longist all become stuckist. |
||||
| Useful To Me Not Useful To Me | |||||

