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Cordlife secures restricted licence renewal; seeks full trial for client claims
Its scope is limited to storing, transferring or retrieving existing units for clinical use Cordlife Group has secured a one-year renewal…
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Cordlife
Business
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4): Cordlife: The cord-blood…
Business
Cordlife faces S$5.45 million civil claim from clients over damaged cord blood units
Cordlife Group is facing claims of at least S$5.45 million in damages from clients who stored 109 cord blood units (CBUs) with the…
Business
Stocks to watch: UOB, Lendlease Reit, IHH Healthcare, Cordlife
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 27): UOB: A High Court judge on…
Business
MOH orders Cordlife to stop collecting new cord blood in fresh blow to company
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Business
MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Business
Cordlife submits information to MOH by extended deadline it was given
Embattled cord blood bank Cordlife announced on Monday (Oct 27) that it had submitted on the same day the necessary written…
Business
Cordlife says operations for next 12 months will continue if suspension takes effect
It is able to continue as a going concern until Sep 30, 2026, but the future beyond that is not certain, says board Embattled cord-blood…
Business
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million
Cord-blood bank on Thursday (Aug 14) posted a net loss of S$4.6 million for its first half ended Jun 30, trimming its losses from S$12.4…
Business
Stocks to watch: Singtel, Sinarmas Land, Cordlife, Q&M Dental Group, Grand Venture Tech, PSC, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Friday (Jul 11): Singtel: The local…
Business
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its…
Business
Stocks to watch: SIA, Sembcorp, Keppel, Cordlife, CapitaLand India Trust, Civmec, ASL Marine
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 26): Singapore Airlines (SIA):…
Business
Partial offer for Cordlife lapses with Thai-listed Medeze obtaining less than 1% stake
An independent financial adviser had earlier deemed the offer unfair and unreasonable A partial offer for a 10 per cent stake in Cordlife…
Business
Cordlife to hold townhalls for affected clients of damaged and high-risk tanks in Singapore
Private cord-blood bank Cordlife announced on Monday (Jun 23) that it will begin holding a series of in-person and online townhalls this…
Business
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining…
Business
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining…
Business
Stocks to watch: IHH Healthcare, Keppel, Jardine Matheson, Cordlife
The following companies saw new developments that may affect trading of their securities on Friday (May 30). IHH Healthcare: The…
Business
Independent financial adviser appointed for partial offer for Cordlife
Cordlife has appointed Novus Corporate Finance as the independent financial adviser for a voluntary conditional cash partial offer it has…
Business
Cordlife served two letters of demand from customers; any settlement likely to hit group’s finances
One group of clients seeking damages under contract breach, negligence; the other wants warranties and cost compensation Cordlife received…
Business
Stocks to watch: Keppel, CapitaLand Ascendas Reit, YZJ Financial, KIT, Boustead, Cordlife
The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 1). Keppel: The global asset…
Business
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…
Business
Cordlife expects to be in the red for FY2024; ‘no assurance’ of profitability in FY2025
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in…
Business
Cordlife group CEO resigns, search for replacement ongoing
PRIVATE cord-blood bank Cordlife’s group chief executive officer Yiu Pang Fai, 35, has tendered his resignation “to pursue other…