Cordlife slumps 7.4%, queried by SGX on unusual price moves
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Singapore
SHARES in Cordlife Group fell 7.4 per cent to S$0.88 apiece on Tuesday, making it one of the top 20 losers on the Singapore bourse for the day.
This came after the private cord-blood banker announced that it is in talks on corporate development opportunities in response to a Singapore Exchange (SGX) query on unusual price movements in its shares. The counter had earlier risen 28 per cent to close at S$0.95 apiece on Monday, prompting the SGX query.
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