Singapore Exchange
("SGX") is pleased to welcome the listing of Cordlife Group Limited
("Cordlife") on its Mainboard today, under the stock code
"P8A".
Cordlife is a pioneer and leading private cord blood bank in Singapore,
and is now a leading service provider of stem cell banking in Asia.
As the longest operating cord blood bank in Singapore, Cordlife has
provided its services to more than 35,000 families in Singapore and Hong Kong
over the last decade. It has established
a dominant market leader position in these locations and has strategic
investments in Guangzhou with new branch offices in Shenzhen and Guangdong, and
strong alliances in markets such as India, Indonesia, Macau, and the
Philippines.
Mr Jeremy Yee, Executive Director and Chief Executive Officer of
Cordlife, said: "We are excited about our listing on SGX which marks a
significant milestone in the Group's corporate history. At the same time, we are encouraged by the
enthusiastic response from institutional and retail investors to our IPO. Listing is a first major step in our growth
plans and we look forward to the next phase of expansion of our business."
"We are delighted that Cordlife, an industry leader in its field,
is now listed on our Exchange. Cordlife joins our other healthcare companies as
an attractive investment cluster to global investors. Being a home grown
industry leader, it has also drawn in a very positive response from our retail
investors. We are pleased to be a partner to Cordlife as it expands its
business," said Mr Lawrence Wong, Head of Listings, SGX.
The listing of Cordlife brings SGX's pool of healthcare companies to 24
with a total market capital of over S$11.5billion (US$9billion).
4-traders.com
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Healthcare and Life Science with expertise in ASEAN. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programmes. Many thanks for visiting www.yourvietnamexpert.com and/or contacting us at contact@yourvietnamexpert.com
No comments:
Post a Comment