Cordlife *Official* (SGX: P8A)

willhunting85

Junior Member
Joined
Aug 5, 2015
Messages
1
Reaction score
0
The unsolicited third party revealed!

"Separately, Zhongyuan Union Cell & Gene Engineering Corp Ltd., which is also suspended, said in a Shanghai stock exchange statement late Thursday that it had made an offer to buy the convertible bonds of China Cord Blood held by Cordlife Group Ltd."

- Bloomberg, 7 Aug 2015



wa, looks like a bidding war might be in the offing hmm...
 

Shion

Senior Mentor
Joined
Oct 24, 2008
Messages
363,730
Reaction score
113,763
Cordlife returns to profitability with 1Q earnings of $7.6 mil

Cordlife returns to profitability with 1Q earnings of $7.6 mil

http://www.theedgemarkets.com/sg/article/cordlife-returns-profitability-1q-earnings-76-mil

SINGAPORE (Nov 13): Cordlife Group posted 1Q earnings of $7.6 million compared to a loss of $3.6 million a year ago on higher revenue.

Revenue increased 9.7% to $14.5 million due to an increase in the number of client deliveries to 5,300 from 5,100.

Costs of sales increase 9.2% to $4.6 million, meaning gross profit rose 9.9% to roughly $10 million.

Cordlife says the increase in client deliveries was due to increased awareness as a result of increased marketing and client acquisition efforts.

The group has declared a special interim dividend of 13.0 cents per share to be distributed on 3 December 2015.

Cordlife closed 0.7% lower at $1.365.
 

Shion

Senior Mentor
Joined
Oct 24, 2008
Messages
363,730
Reaction score
113,763
Cordlife in talks for potential acquisitions, divestments and JVs

Cordlife in talks for potential acquisitions, divestments and JVs

http://www.theedgemarkets.com/sg/article/cordlife-talks-potential-acquisitions-divestments-and-jvs

SINGAPORE (Nov 26): Cordlife Group is currently in discussions with various parties on opportunities relating to acquisitions, divestments and joint ventures.

These opportunities are at various stages, the group said in response to a query from Singapore Exchange on unusual trading activity involving its shares.

Cordlife's shares ended trading 10 cents or 8% higher at $1.32 on Wednesday, prompting the query from the market operator after the market close.

"The company constantly explores and reviews corporate development opportunities which are in line with its corporate growth strategy," said Cordlife. "No definitive agreements have been signed at this time and there is no certainty that any of them will materialise." The firm added that it will keep shareholders informed if there are any material developments.
 

Shion

Senior Mentor
Joined
Oct 24, 2008
Messages
363,730
Reaction score
113,763
Anyone looking at this one ?

Seems like moving upwards slowly...

52wk high iirc
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top