Cordlife Group Limited plans to raise $8.04m by issuing 51.2 million new ordinary shares at $0.16 a piece through a private placement.
Cordlife said the issue price of $0.16 represents a “4.9% premium to the two-week volume weighted average price of $0.1525 per share for trades done on the SGX-ST on 15 April 2024.” Cordlife will use the remaining $4m proceeds as working capital and to rebuild its Singapore brand....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
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Cordlife Group Limited approves potential acquisition by NJXJKpstrongNJXJK is currently reviewing its stake at Cordlife Group with SAC Capital./strong/p pCordlife Group Limited confirmed the receipt and validation of a First Requisition Notice from NJXJK.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Cordlife Group Limited requests lift of trading haltpstrongspanspanspanspanspanspanThe statement was published at 1:08 a.m./span/span/span/span/span/span/strong/p pspanspanspanspanspanspana href="https://sbr.com.sg/healthcare/news/cordlife-receives-requisition-notice-hold-egm" title="https://sbr.com.
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Cordlife to strengthen operating protocols to have suspension lifted: Group CEOFormer group GEO, four senior execs have been arrested for potential breaches of firm’s disclosure obligations.
Source: The Straits Times - 🏆 8. / 63 Read more »
Cordlife probe: Former Group CEO and four board members arrestedCordlife has been under investigation after it was revealed last year that it had damaged cord blood units belonging to at least 2,150 clients, with another 17,000 possibly affected.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Cordlife probe: Former Group CEO and 4 board members arrestedSINGAPORE — Cordlife's former Group CEO Tan Poh Lan has been arrested along with four directors in relation to an investigation into the company's mishandling of cord blood units.
Source: TODAYonline - 🏆 1. / 99 Read more »
CAD arrests Cordlife ex-group chief and four director over alleged breaches of disclosure obligationspstrongThe investigation stemmed from potential breaches of disclosure obligations concerning irregular temperatures in a cryogenic storage tank/strong/p pThe Commercial Affairs Department (CAD) has arrested four directors of Cordlife Group, including its former group chief executive, who were later released on bail, the group confirmed.
Source: SBRMagazine - 🏆 13. / 51 Read more »