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Cordlife CEO's sudden exit rattles market

Shares dive up to 9.8 per cent day after company announced Jeremy Yee's departure

Cordlife said Mr Yee resigned "to pursue other interests". Investors fear his resignation would impact the company's growth.


THE sudden resignation of Jeremy Yee as boss of Cordlife Group, a cord blood banking firm he firmly led and where he ran a tight ship for close to five years, left corporate watchers gobsmacked and the stock limp with uncertainty on Tuesday.

Cordlife shares fell as much...

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