July 17, 2017 / 12:04 AM / 8 days ago

BRIEF-Yuuzoo Corp comments on recent articles in Business Times

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July 17 (Reuters) - Yuuzoo Corporation Limited

* Announcement In Relation To Recent Artciles In Business Times

* notes "inaccurate statements" and claims made in articles published in bt have been picked up by other media

* Company also notes that share price of company in meantime has declined

* company also notes that share price of company in meantime has declined.

* Company believes decline in share price can be linked to inaccurate statements and claims made in articles

* decided to appoint an independent third party to investigate claims and statements

* executive chairman of co has informed board that for duration of independent review he will step down from his executive position Source text for Eikon: Further company coverage:

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