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
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects