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cordlife

Companies & Markets

Cordlife gets extended deadline to submit representations for potential one-year suspension

CMG20240507-SarahLee01/李姿仪/王阳发/访问Ivan Yiu, CEO of Cordlife [1 Kim Seng Promenade, #15-01, Great World City East, Singapore 237994] Cordlife generics.
Companies & Markets

Cordlife says operations for next 12 months will continue if suspension takes effect

As at 9.39 am on Thursday (Oct 2), Cordlife shares were trading 18.1 per cent or S$0.039 lower at S$0.176, after 233,200 securities were transacted.
Companies & Markets
HOT STOCK

Cordlife tumbles 18% following notice of potential one-year suspension

The Ministry of Health issued Cordlife a one-year suspension of its cord blood banking services, after an audit in July uncovered lapses in its operations. The suspension prevents Cordlife from collecting, testing, processing and storing new cord blood units and the company has 14 days to submit representations.
Companies & Markets

Cordlife weighs ability to continue as a going concern as potential one-year suspension looms

The arrests of Cordlife's directors and group chief executive are related to alleged breaches-of-disclosure obligations regarding irregular temperatures in its storage tanks.
TimelineConsumer & Healthcare

Cutting the cord?: Events leading up to and after Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

MOH has directed Cordlife to review all laboratory records of new cord-blood units collected since the resumption of its cord-blood banking services in January 2025.
Singapore

Cordlife Group faces one-year suspension over cord-blood banking service lapses

The cordblood bank did not declare any dividend for the six months, unchanged from the year before.
Companies & Markets

Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million

A cord-blood unit sample undergoing tests. Under the health ministry’s latest notice, Cordlife will not collect, test, process and/or store more than 30 new cord-blood units a month from infant donors from Sep 15, 2024, to Jan 13, 2025
Companies & Markets

Cordlife offers enhanced support to clients affected by damaged tanks in Singapore

Medeze Group had eyed an entry into the Singapore market by providing services to Cordlife (pictured) customers.
Companies & Markets

Partial offer for Cordlife lapses with Thai-listed Medeze obtaining less than 1% stake

Cordlife staff inspecting
Companies & Markets

Cordlife to hold townhalls for affected clients of damaged and high-risk tanks in Singapore

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