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YuuZoo Discloses Funding for Cinram France Joint Venture

YuuZoo Corporation announced its newly established subsidiary with Cinram France has been incorporated with a paid-up capital of 500,000 EUR.

For more information visit: www.yuucorp.com ; www.cinram.eu


Unedited press release follows:

INCORPORATION OF YUULOG EUROPE

Further to the announcement released on 24 August 2017, the Board of Directors of YuuZoo Corporation Limited (the “Company”) wishes to announce that its subsidiary YuuLog Europe has been incorporated with a paid-up capital of 500,000 EUR.

The above investment is funded by internal resources and is not expected to have any material impact on the earnings per share and net tangible assets per share of the Company for the current financial year.

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.

BY ORDER OF THE BOARD
Mohandas
Chief Operating Officer
YuuZoo Corporation Limited
27 August 2017

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