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Yuuzoo - The truth must be revealed!

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Starship
    04-Mar-2020 15:49  
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BuysideAnalyst      ( Date: 04-Mar-2020 12:03) Posted:

Any updates? I wish someday the truth will come out.

 
 
bigdragon966
    04-Mar-2020 14:03  
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why never put the monkey back to the zoo?

Stanton      ( Date: 04-Mar-2020 13:19) Posted:

SGX too lienient on Yuuzoo. No updates for more than one year, no agm, no annual report, no response to notice of compliance. ALSO NO ACTION FROM SGX LOL.

BuysideAnalyst      ( Date: 04-Mar-2020 12:03) Posted:

Any updates? I wish someday the truth will come out.


 
 
Stanton
    04-Mar-2020 13:19  
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SGX too lienient on Yuuzoo. No updates for more than one year, no agm, no annual report, no response to notice of compliance. ALSO NO ACTION FROM SGX LOL.

BuysideAnalyst      ( Date: 04-Mar-2020 12:03) Posted:

Any updates? I wish someday the truth will come out.

 

 
BuysideAnalyst
    04-Mar-2020 12:03  
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Any updates? I wish someday the truth will come out.
 
 
destinykraze
    25-Oct-2019 08:54  
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Full of sh!t. It' s dirty and should be judged accordingly. SGX should follow up promptly.

iDontKnow      ( Date: 24-Oct-2019 23:45) Posted:

https://links.sgx.com/FileOpen/241019%20announcement%20relating%20to%20Harbin%20real%20estate%20project.ashx?App=Announcement& FileID=582981

" On June 11th, 2019 the Company announced it had agreed with the mayor of Harbin on a definitive timetable for the project. It further announced that the money that IRAS in 2018 had seized were being returned by IRAS after IRAS had held the funds for more than one year, and that the funds would be used to pay salaries and expenses related to the project in Harbin. Most of the funds returned by IRAS were however illegally diverted and used for other purposes by a former employee of YNG, which meant the scheduled payments in China could not be made. "

cheeky

 
 
laksaman57
    25-Oct-2019 00:20  
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Wapiang ....from social media expertise to " water expertise"  
 

laksaman57      ( Date: 24-Oct-2019 23:24) Posted:

https://www.businesstimes.com.sg/companies-markets/yuuzoo-says-it-has-lost-harbin-project-due-to-inability-to-raise-funds-and-funds
 


" Social media company YuuZoo Networks Group (YNG) on Thursday said that  the contract it had signed for the Nordic  Sport Town project in Harbin, China has been lost as a result of YuuZoo' s inability to raise funds, due to the continued share trading suspension and the misuse of company funds  by a former employee.

In December 2017, YuuZoo had announced that it had signed a framework agreement  with Chinese state-owned Harbin Water Investment Group, which manages  and controls all water-linked land in Harbin, China.



Under the framework agreement, YuuZoo agreed to develop a 85 hectares large  river-fronting area in Harbin. "

 

 
iDontKnow
    24-Oct-2019 23:45  
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https://links.sgx.com/FileOpen/241019%20announcement%20relating%20to%20Harbin%20real%20estate%20project.ashx?App=Announcement& FileID=582981

" On June 11th, 2019 the Company announced it had agreed with the mayor of Harbin on a definitive timetable for the project. It further announced that the money that IRAS in 2018 had seized were being returned by IRAS after IRAS had held the funds for more than one year, and that the funds would be used to pay salaries and expenses related to the project in Harbin. Most of the funds returned by IRAS were however illegally diverted and used for other purposes by a former employee of YNG, which meant the scheduled payments in China could not be made. "

cheeky
 
 
laksaman57
    24-Oct-2019 23:24  
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https://www.businesstimes.com.sg/companies-markets/yuuzoo-says-it-has-lost-harbin-project-due-to-inability-to-raise-funds-and-funds
 


" Social media company YuuZoo Networks Group (YNG) on Thursday said that  the contract it had signed for the Nordic  Sport Town project in Harbin, China has been lost as a result of YuuZoo' s inability to raise funds, due to the continued share trading suspension and the misuse of company funds  by a former employee.

In December 2017, YuuZoo had announced that it had signed a framework agreement  with Chinese state-owned Harbin Water Investment Group, which manages  and controls all water-linked land in Harbin, China.



Under the framework agreement, YuuZoo agreed to develop a 85 hectares large  river-fronting area in Harbin. "
 
 
guards80
    24-Oct-2019 22:24  
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YuuZoo Networks: General Announcement :: Announcement Relating to Harbin Real Estate Project

http://repository.shareinvestor.com/rpt_view.pl/id/814298.1/type/sgxnet/original_filename/1


YuuZoo Networks: General Announcement :: Announcement Relating to 3rd Request to Lift Trading Suspension

http://repository.shareinvestor.com/rpt_view.pl/id/814297.1/type/sgxnet/original_filename/1
 
 
bigdragon966
    13-Aug-2019 12:44  
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why still have no money to pay?  I thought tarzan said  ____(fill in the blanks) paid US$5m for some yuuzoo shares.  where is the money now?
 
 

 
sheerluck
    08-Aug-2019 22:08  
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贼 喊 捉 贼

Starship      ( Date: 08-Aug-2019 13:55) Posted:

The monkey will do a fantastic job in Trump' s White House....cheeky
Becos it' s filled with similar monkeys that spout the most outrageous claims daily non-stop....nonononono


" According to the statement, the former chairman also told YuuZoo  he has " donated all proceeds to be made from his share options in YuuZoo to charities" . Calls to Mr  Zilliacus did not go through."    

Stanton      ( Date: 08-Aug-2019 12:29) Posted:

Share Article: https://www.businesstimes.com.sg/companies-markets/ex-yuuzoo-chairman%C2%A0asks-firm-to-pay-unpaid-salaries-to-laid-off-staff-ysha?xtor=CS3-25

More humor from Tarzan, can?t help laughing 😂


 
 
Starship
    08-Aug-2019 13:55  
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The monkey will do a fantastic job in Trump' s White House....cheeky
Becos it' s filled with similar monkeys that spout the most outrageous claims daily non-stop....nonononono


" According to the statement, the former chairman also told YuuZoo  he has " donated all proceeds to be made from his share options in YuuZoo to charities" . Calls to Mr  Zilliacus did not go through."    

Stanton      ( Date: 08-Aug-2019 12:29) Posted:

Share Article: https://www.businesstimes.com.sg/companies-markets/ex-yuuzoo-chairman%C2%A0asks-firm-to-pay-unpaid-salaries-to-laid-off-staff-ysha?xtor=CS3-25

More humor from Tarzan, can?t help laughing 😂

 
 
Stanton
    08-Aug-2019 12:29  
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Share Article: https://www.businesstimes.com.sg/companies-markets/ex-yuuzoo-chairman%C2%A0asks-firm-to-pay-unpaid-salaries-to-laid-off-staff-ysha?xtor=CS3-25

More humor from Tarzan, can?t help laughing 😂
 
 
Redstar8730
    19-Jul-2019 21:09  
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fat hope! Go to hell!
 
 
guards80
    19-Jul-2019 21:03  
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YuuZoo trading suspension to continue: SGX RegCo



TRADING in social commerce company YuuZoo will not resume for now, the Singapore Exchange Regulation (SGX RegCo) said on Friday in response to the mainboard-listed counter' s request to lift the trading suspension.

SGX RegCo said YuuZoo has not complied with the notice of compliance (NOC) issued by the regulator on Apr 2, 2018. The NOC was about the release of the findings of Ernst & Young Advisory on the company' s revenue recognition from franchise sales. The SGX has required a review of the veracity of certain receivables of YuuZoo as well.

Further, Commercial Affairs Department investigations against YuuZoo are ongoing, the bourse regulator responded to YuuZoo' s second request to have its trading suspension lifted.

SGX RegCo said: " Pending the compliance with the NOC by the company and clarity on these matters, existing shareholders and potential investors are not able to trade in the shares of the company on an informed basis. On this basis, the trading suspension will continue."

Trading of the company' s shares was suspended from March 19 last year. But YuuZoo said in a statement on Thursday that it believes continuing to keep the suspension in place is " unjustified and deeply damaging" to its shareholders, and has therefore asked the SGX RegCo to lift the trading suspension imposed 16 months ago.

In March, the company shut all its Singapore-based subsidiaries and terminated all its Singapore-based employees, a move it said was a direct consequence of its trading suspension.

The company blamed the share suspension, police investigation and other issues for its woes.

http://www.businesstimes.com.sg/companies-markets/yuuzoo-trading-suspension-to-continue-sgx-regco
 

 
Starship
    19-Jul-2019 18:30  
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The big bad wolf portraying as the caring shepherd..............nocheekydevil


[But YuuZoo said in the statement that it believes continuing to keep the suspension in place is " unjustified and deeply damaging" to its shareholders, and has therefore asked the Singapore Exchange Regulation (SGX RegCo) to lift the trading suspension imposed 16 months ago.]

https://www.businesstimes.com.sg/companies-markets/yuuzoo-asks-for-its-trading-suspension-to-be-lifted


 

guards80      ( Date: 19-Jul-2019 17:48) Posted:

The Exchange refers to the request of YuuZoo Networks Group Corporation (Company) for its share trading suspension to be lifted. The Company has not to-date complied with the Notice of Compliance (NOC) dated 2 April 2018 issued by the Exchange on the release of the findings of Ernst & Young Advisory Pte Ltd on its revenue recognition from franchise sales. The Exchange has also required a review of the veracity of certain receivables of the Company. In addition, contrary to what the Company represented to the Exchange, investigations by the Commercial Affairs Department are ongoing. Pending the compliance with the NOC by the Company and clarity on these matters, existing shareholders and potential investors are not able to trade in the shares of the Company on an informed basis. On this basis, the trading suspension will continue.

 
 
sheerluck
    19-Jul-2019 18:30  
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This conmany is so full of deceit.  On the other hand, SGX was also responsible for allowing conmany get listed so easily.  SGX need a major overhual in their policy.
 
 
guards80
    19-Jul-2019 17:48  
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The Exchange refers to the request of YuuZoo Networks Group Corporation (Company) for its share trading suspension to be lifted. The Company has not to-date complied with the Notice of Compliance (NOC) dated 2 April 2018 issued by the Exchange on the release of the findings of Ernst & Young Advisory Pte Ltd on its revenue recognition from franchise sales. The Exchange has also required a review of the veracity of certain receivables of the Company. In addition, contrary to what the Company represented to the Exchange, investigations by the Commercial Affairs Department are ongoing. Pending the compliance with the NOC by the Company and clarity on these matters, existing shareholders and potential investors are not able to trade in the shares of the Company on an informed basis. On this basis, the trading suspension will continue.
 
 
Berani
    18-Jul-2019 20:16  
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CONGRA everybody.....

lift the suspense SOON !

Starship      ( Date: 18-Jul-2019 19:19) Posted:


The empty ZOO that has no more residents left wants to re-open....................nodevil
What a Laughing Stock...............Laughing ZOO........................laughcheeky



ANNOUNCEMENT RELATING TO 2ND REQUEST TO LIFT THE SHARE TRADING SUSPENSION

The Board of Directors of YuuZoo Networks Group Corporation (&rdquo YuuZoo&rdquo or &ldquo the Company&rdquo ) (SGX:AFG) wishes to announce that it has made a 2nd request to SGX RegCo to lift the share trading suspension which was imposed on the shares of the Company on 19 March 2018.

The board of the Company believes continuing to keep the suspension in place is unjustified and deeply damaging to Yuuzoo shareholders and has therefore asked RegCo to lift the trading suspension imposed 16 months ago.

When imposing the trading suspension, RegCo stated the trading ban would be lifted when &ldquo the Exchange is satisfied that the shares of the Company can be traded on a fair, orderly and transparent basis&rdquo . In this regard, the Company has provided the market all the information RegCo has asked for, and shareholders can trade on a fair, orderly and transparent basis.

The Company has further informed RegCo that if it believes there is any information that could impact the value of YNG Corp shares which has not been disclosed to the market, the Company requests RegCo to kindly state what information the Company still needs to provide. YNG Corp will then immediately provide that information to RegCo and to the investing public.

18 July 2019
For and on behalf of the Board of
YuuZoo Networks Group Corporation 

https://links.sgx.com/FileOpen/Announcement%20July%2018%202019%202nd%20request%20to%20lift%20trading%20suspension.ashx?App=Announcement& FileID=570858

 
 
Starship
    18-Jul-2019 19:19  
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The empty ZOO that has no more residents left wants to re-open....................nodevil
What a Laughing Stock...............Laughing ZOO........................laughcheeky



ANNOUNCEMENT RELATING TO 2ND REQUEST TO LIFT THE SHARE TRADING SUSPENSION

The Board of Directors of YuuZoo Networks Group Corporation (&rdquo YuuZoo&rdquo or &ldquo the Company&rdquo ) (SGX:AFG) wishes to announce that it has made a 2nd request to SGX RegCo to lift the share trading suspension which was imposed on the shares of the Company on 19 March 2018.

The board of the Company believes continuing to keep the suspension in place is unjustified and deeply damaging to Yuuzoo shareholders and has therefore asked RegCo to lift the trading suspension imposed 16 months ago.

When imposing the trading suspension, RegCo stated the trading ban would be lifted when &ldquo the Exchange is satisfied that the shares of the Company can be traded on a fair, orderly and transparent basis&rdquo . In this regard, the Company has provided the market all the information RegCo has asked for, and shareholders can trade on a fair, orderly and transparent basis.

The Company has further informed RegCo that if it believes there is any information that could impact the value of YNG Corp shares which has not been disclosed to the market, the Company requests RegCo to kindly state what information the Company still needs to provide. YNG Corp will then immediately provide that information to RegCo and to the investing public.

18 July 2019
For and on behalf of the Board of
YuuZoo Networks Group Corporation 

https://links.sgx.com/FileOpen/Announcement%20July%2018%202019%202nd%20request%20to%20lift%20trading%20suspension.ashx?App=Announcement& FileID=570858
 
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