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

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.