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Stocks to watch: Cordlife, OKH Global

Tuesday, March 22, 2016 - 08:43

CORDLIFE Group shares are likely to react to the sudden and unexpected resignation of its chief executive and key driver, Jeremy Yee, which was announced after the stock market closed on Monday.

His resignation is effective March 21, the same day as the announcement. The counter closed at S$1.38 on Monday.

OKH Global shares, which fell by nearly 80 per cent on Monday to 7.1 Singapore cents on unusually high trading volume of 247 million shares, could see further activity following an announcement late Monday that some 119.8 million pledged shares of its executive chairman and chief executive, Bon Ween Foong, were force-sold by financial institutions.

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