On June 29, a new governance index dedicated to real estate investment trusts (REITs) and business trusts (BTs) in Singapore was launched. This index, called Governance Index For Trusts or GIFT, was developed by Chew Yi Hong, an active investor and corporate governance researcher, and me with the help of a group of NUS accountancy honours students. It is supported by CPA Australia.
Read MoreI have been a keen observer of corporate governance in Singapore and internationally for almost twenty years but I have never seen a company quite like YuuZoo Corporation (YuuZoo).
Read MoreI attended the YuuZoo AGM held on July 7, 2017, as a proxy of a small retail shareholder and prepared a number of questions relating to the financial statements and auditors’ report, most of which I did ask.
Read MoreThe company’s response to questions raised about its business dealings contradicts its own statements and reports.
Read MoreDeals that went sour and insufficient information about franchise partners are some concerns for investors.
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