SINGAPORE (Mar 22): YuuZoo Corp, the online-gaming and e-commerce company, said auditors RT LLP would take until the middle of next week to assess the documents and formulate a response.

YuuZoo said it still managed to supply the required information to auditors "just in time" even though "it was impossible" to produce business plans and five-year discounted cashflow analysis for its 46 franchises within the two-week deadline given by Singapore Exchange and had asked for an extension till the end of March.

See: SGX hits YuuZoo with compliance notice to explain variance in numbers

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook