SUBSCRIBERS

Cordlife CEO's sudden exit rattles market

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

Anita Gabriel
Published Tue, Mar 22, 2016 · 09:50 PM

Singapore

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 as 9.8 per cent to S$1.245 before closing the day 6.5 Singapore cents or 4.7 per c…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here