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HK watch tycoon's married deals propel Cordlife shares to 11-month high

Fiona Lam

Fiona Lam

Published Thu, Jul 11, 2019 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

CORDLIFE Group's substantial shareholders, Hon Kwok Lung and his wife Lam Suk Ying, have increased their combined stake in the mainboard-listed cord blood banker from 21.52 per cent to 28.17 per cent.

This was disclosed in a regulatory filing after midnight on Thursday, following a surge in Cordlife's share price on Wednesday that sparked a query from the Singapore Exchange (SGX) about its trading activity.

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