Cordlife Group Halts Proposed Subscription Plan
Company Announcements

Cordlife Group Halts Proposed Subscription Plan

Cordlife Group (SG:P8A) has released an update.

Cordlife Group Limited has announced that it will not proceed with the Proposed Subscription after the Singapore High Court dismissed its application to set aside an interim injunction and upheld the injunction, with the exception of allowing general meetings on unrelated issues. The company is now taking steps to terminate the Subscription Agreements and advises shareholders and potential investors to exercise caution when dealing in its shares.

For further insights into SG:P8A stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskCordlife Group Navigates Operational Suspension
TipRanks Singapore Auto-Generated NewsdeskCordlife Group Advises Caution Amid Investigation
TipRanks Singapore Auto-Generated NewsdeskCordlife Group Corrects Director’s Appointment Details
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!