Stocks to watch: Cordlife, Frasers Centrepoint, Mermaid Maritime

THE following listed companies made material announcements before the Singapore market opened on Tuesday:

The board of Cordlife Corp has decided to clear the air over the abrupt resignation of its chief executive Jeremy Yee at a dialogue session with shareholders, after taking heed of a request by the Securities Investor Association of Singapore.

Frasers Hospitality, the hospitality arm of mainboard-listed Frasers Centrepoint Limited, on Monday launched its third serviced residence in the Indonesian capital of Jakarta.

Mermaid Maritime Public Company Limited has won an award through its Qatari business unit valued at US$10 million.