YuuZoo's former director provides bond to report back to CAD

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SINGAPORE (May 23): YuuZoo on Tuesday announced that former chairman Thomas Zilliacus has provided a bond to report back to the Commercial Affairs Department (CAD) on June 4, to assist further in CAD’s investigation regarding a potential breach of the Securities and Futures Act.

(See: YuuZoo confirms CAD investigation into company and chairman Zilliacus)

In addition, Zilliacus also voluntarily provided the CAD with a complete chronological summary relating to all financial announcements of YuuZoo during 2015-2017 and has informed the CAD of his desire to continue to share with the CAD all information he has in relation to their investigation.

Along with the provision of the bond, Zilliacus has his passport returned back to him for overseas travel... (Click here to read the full story)