Cordlife Group Limited approves potential acquisition by NJXJK

NJXJK is currently reviewing its stake at Cordlife Group with SAC Capital.

Cordlife Group Limited confirmed the receipt and validation of a First Requisition Notice from NJXJK.

NJXJK is currently reviewing its stake at Cordlife Group with the possibility of a potential offer with SAC Capital acting as the financial adviser.

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SAC stated that there has been no decision yet regarding the offer and there is no assurance that an offer will be made.

NJXJK will inform the company of any material updates in due course.