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Cordlife and Artivision unveil placement plans

The former expects to raise $32.1m from private placement and the latter $4.27m

Stake boost: Cordlife last month bought a 20 per cent stake in Malaysia's StemLife for $11.5 million. - FILE PHOTO

CORDLIFE Group and Artivision Technologies yesterday announced that they are raising funds via share placements. Cordlife has proposed a private placement of 26.8 million shares that is expected to raise gross proceeds of $33.5 million. After deducting fees and expenses, the group expects to