12 May YuuZoo Strenghtens Board With The Appointment Of International Investor And Venture Capitalist Ozi Amanat As Independent Director
Singapore May 12th, 2015: Singapore-based YuuZoo Corporation (“YuuZoo” SGX: AFC.SI), one of the world’s first third generation social e-commerce companies has strengthened and internationalized its board with the appointment of investor and venture capitalist Ozi Amanat as an Independent Director.
The appointment of Ozi Amanat adds significant global expertise in the areas of private equity, investments, and asset management, helping YuuZoo reach out to key institutional and large family offices globally.
Ozi Amanat is the Chief Investment Officer of Singapore-based Indian conglomerate Spice Global which is involved in telecom, finance, entertainment, and technology. Aside from his new appointment at YuuZoo, Ozi Amanat is a member of the board of trustees at Silicon Valley venture firm Astia Angels and an advisory board member of social enterprise OneHope Wine, Mount Sinai Hospital, and Seeds of Peace—all of which are based in the US. He is also the founder and chairman of K2 Global, a VC firm focused on pre-IPO tech ventures.
His philanthropic work and proficiency in asset management have garnered him accolades. He won the Seeds of Peace’s Young Peacemaker Award and was nominated as CIO of the Year by the Family Office Review Awards North America. Ozi has a degree in business from Harvard University and also serves as the Chairman of the Entrepreneur Committee of the Harvard Club of Singapore.
Commenting on the appointment of Ozi Amanat, Mr. Thomas Zilliacus, Chairman and CEO of YuuZoo, said, “I am very pleased to welcome Ozi to the YuuZoo family. His expertise in the areas of asset management and investments are valuable assets as we grow the YuuZoo brand globally.
YuuZoo is building a very strong management team with vast international experience and a strong proven track record, with senior members who have built and managed leading global billion-dollar companies. We are expanding and restructuring our board so that it can support our management with expert advice in key areas, as we build YuuZoo into an international market leader.”
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Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 85 million registered users and over 800 million TV viewers in 164 countries, YuuZoo in a unique way combines social networking, e-commerce, games and payments in a mobile-optimized, fully localized virtual shopping mall, where the consumer can access hundreds of targeted social networks, targeted shops and targeted entertainment through one single login. All networks are localized for each market as comes to language as well as merchandise and design. To see the networks, log into: www.yuuzoo.com and www.yuuzoo.cn For more information about the company, please log on to: www.yuucorp.com orwww.yuuinvestor.com.
Macquarie Capital (Singapore) Pte. Limited (“Macquarie”) was the financial adviser to W Corporation Limited (now known as YuuZoo Corporation Limited) in relation to the acquisition of the entire issued and paid-up share capital of YuuZoo Corporation and its subsidiaries. Macquarie assumes no responsibility for the contents of this announcement.