Cordlife halts trading pending announcement

The trading halt took immediate effect.

Cordlife Group Limited has halted its trading in the Singapore Exchange.

The request was filed by Cordlife Group on Monday at 7:47 AM, “pending for release of announcement.” The halt was effective immediately.

This comes following the arrest of some Cordlife Group executives, including former CEO Tan Poh Lan, and CFO Thet Hnin Yiin, in connection to the mishandling of cord blood tanks

ALSO READ: Cordlife Group Limited approves potential acquisition by NJXJK

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