Goh Jin Hian steps down as Cordlife chairman but staying on as ID
Fiona Lam
Singapore
GOH Jin Hian has left his post as chairman of Cordlife Group with immediate effect, although he continues to serve as an independent director. He also remains the non-executive chairman of New Silkroutes Group.
The announcement comes after Inter-Pacific Petroleum's (IPP) judicial managers (JMs) sued him in relation to an alleged breach of director's duties. Dr Goh, the medically trained son of former Singapore prime minister Goh Chok Tong, is ceasing the role "to devote more time to his personal affairs", said Cordlife in a filing late Monday night.
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital