Brief: Cordlife Group Announces Investigations By Commercial Affairs Department

Cordlife

21/03/2024 17:08

March 21 (Reuters) - Cordlife Group Ltd  CORD.SI :
    * INVESTIGATIONS BY COMMERCIAL AFFAIRS DEPARTMENT
    * RECEIVED A NOTICE DATED 19 MARCH 2024 FROM COMMERCIAL
AFFAIRS
DEPARTMENT AND MONETARY OF AUTHORITY OF SINGAPORE
    * NOTICE REQUIRING PROVISION OF CERTAIN DOCUMENTS AND
INFORMATION
IN CONNECTION WITH INVESTIGATIONS BY CAD
    * UNDERSTANDS THAT OFFENCE IS IN CONNECTION WITH POTENTIAL
BREACHES OF DISCLOSURE OBLIGATIONS
    * DISCLOSURE OBLIGATIONS IN RELATION TO IRREGULAR
TEMPERATURES OF
A CERTAIN CRYOGENIC STORAGE TANK
    * UNDERSTANDS THAT CFO HAS BEEN ASKED TO ASSIST WITH
INVESTIGATIONS
    * WILL CONTINUE TO CONSIDER AND ASSESS SUITABILITY OF ALL
DIRECTORS TO CONTINUE SERVING
    * WILL COOPERATE FULLY WITH ALL REGULATORY AUTHORITIES ON
SAID
INVESTIGATIONS
    * OPERATIONS WILL ALSO CONTINUE TO OPERATE AS USUAL

Further company coverage:  CORD.SI 

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