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Rift over pay, underperforming core business led to Cordlife CEO's departure

Shareholders were told at a dialogue that Cordlife's board had sought to terminate Jeremy Yee's contract and renegotiate a new one

Singapore

CORDLIFE Group's board decision not to renew Jeremy Yee's employment contract, which terms included an annual payout of up to 10 per cent of company profits, and its dissatisfaction over the growth pace - or lack thereof - of the firm's core business were key factors that led to