Cordlife Group (SG:P8A) has released an update.
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Cordlife Group Limited has been instructed by the Ministry of Health to limit its cord blood banking services to 30 units per month until January 2025, which is expected to negatively impact the company’s financials for the year. Shareholders and potential investors are advised to seek professional advice when dealing with the company’s shares amid these operational constraints. The company will keep the market informed of any significant changes as per Singapore Exchange listing rules.
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