Yuuzoo - Response to Query Regarding Trading Activity::
Announcement Type: Query Regarding Trading Activity
Company: YUUZOO CORPORATION LIMITED
Stock Code/Name: AFC - Yuuzoo
Company: YUUZOO CORPORATION LIMITED
Stock Code/Name: AFC - Yuuzoo
| Response to Query Regarding Trading Activity:: |
| Issuer & Securities |
| Issuer/ Manager | YUUZOO CORPORATION LIMITED |
| Securities | YUUZOO CORPORATION LIMITED - BMG9884X1020 - AFC |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Response to Query Regarding Trading Activity |
| Date & Time of Broadcast | 26-Nov-2014 14:00:10 |
| Status | New |
| Announcement Reference | SG141126OTHRT2IM |
| Response Description (Please provide a detailed description of the Response to Query in the box below) | YuuZoo Corporation Limited (the Company ) refers to the queries from the Singapore Exchange Securities Trading Limited ( SGX-ST ) on 26 November 2014 regarding the unusual price movements in the Company s shares today and wishes to respond to the queries as follows: Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples. - If yes, the information shall be announced immediately. The Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which, if known, might explain the unusual trading activity. The Company is constantly in discussions on potential partnerships in the ordinary course of business. The Company will keep shareholders informed if there are any material developments by making the appropriate announcements in compliance with the listing rules of the Singapore Exchange Securities Limited. Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports. The Company is not aware of any other possible explanation of the trading. The Company is constantly in discussions on potential partnerships in the ordinary course of business. The Company will keep shareholders informed if there are any material developments by making the appropriate announcements in compliance with the listing rules of the Singapore Exchange Securities Limited. Question 3: Can you confirm your compliance with the listing rules and, in particular, Mainboard Rule 703? The Company confirms that it is in compliance with the Listing Rules and, in particular, Mainboard Rule 703. YuuZoo Corporation Limited 26 November 2014 |
| Response Submitted Date/ Time | 26-Nov-2014 14:00:10 |
| Related Announcements | 26/11/2014 09:34:41 |
Yuuzoo - General Announcement::TRADE WITH CAUTION
Announcement Type: General Announcement
Company: YUUZOO CORPORATION LIMITED
Stock Code/Name: AFC - Yuuzoo
Company: YUUZOO CORPORATION LIMITED
Stock Code/Name: AFC - Yuuzoo
| General Announcement::TRADE WITH CAUTION |
| Issuer & Securities |
| Issuer/ Manager | YUUZOO CORPORATION LIMITED |
| Securities | YUUZOO CORPORATION LIMITED - BMG9884X1020 - AFC |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | General Announcement |
| Date & Time of Broadcast | 26-Nov-2014 14:18:29 |
| Status | New |
| Announcement Sub Title | TRADE WITH CAUTION |
| Announcement Reference | SG141126OTHRJSXG |
| Submitted By (Co./ Ind. Name) | SINGAPORE EXCHANGE SECURITIES TRADING LIMITED |
| Designation | SURVEILLANCE |
| Description (Please provide a detailed description of the event in the box below) | Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market's attention to the recent query SGX-ST issued to Yuuzoo Corporation Limited (the "Issuer") on 26 November 2014 regarding the substantial increase in its share price by 38.9% between 24 and 26 November 2014. The Issuer has responded on 26 November 2014 that it was not aware of any reasons that could possibly explain the trading in its securities. In view of the trading activities observed and the Issuer's response, shareholders and potential investors should exercise caution when dealing in the securities. The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market. |
DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement. |
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