Cordlife keeps its eyes on the prize - business growth
Chief exec Jeremy Yee would rather focus on firm's push into India, Indonesia, Philippines
Singapore
IF there is one thing about Cordlife group chief executive Jeremy Yee that sticks in one's mind, it's that he is unflinching about his priorities. For instance, his belief that when a firm is impelled by near-sighted shareholder expectations, it should always pick the high road - to growth.
For that reason, he seems to care little if Singapore-listed Cordlife's 10 per cent-owned China Cord Banking Corp (CCBC), which is listed on the New York Stock Exchange, remains a dividend slouch and chooses instead to use its cash hoard to grow the business.
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