Dr Ho Choon Hou, Cordlife's acting chairman and non-independent non-executive director; independent directors Yeo Hwee Tiong and Cheong Tuck Yan Titus Jim; non-independent non-executive director Chow Wai Leong as well as Tan Poh Lan, former group CEO and executive director, have been arrested, interviewed and out on bail.
Cordlife Group says four of its directors as well as its former CEO have been arrested and interviewed by the Commercial Affairs Department over potential disclosure breach.
Cordlife, which sells storage services for cord blood cells, reported last November that some its tanks were not maintained at the right temperature.
