What is "cordlife"

Incorporated in May 2001, Cordlife Group Limited ("Cordlife"), is a multi-product healthcare company catering to the mother and child segment and a provider of cord blood and cord lining banking services. It provides cord blood banking services in Singapore, Hong Kong, India, Indonesia and the Philippines.

In addition, Cordlife has a 10% direct stake in China Cord Blood Corporation ("CCBC"), a cord blood bank operator in China holding majority shares in the Beijing, Guangdong and Zhejiang Cord Blood Banks, and an approximately 24% share in Shandong Cord Blood Bank. In October 2013, Cordlife acquired a 19.92% stake, which was subsequently increased to approximately 31.81% in December 2013, in StemLife Berhad. Currently listed on the ACE Market of Bursa Malaysia, StemLife is a fully licensed cord blood banking facility with the Ministry of Health Malaysia.

Cordlife has been accredited since 2005 by AABB (formerly known as the American Association of Blood Banks), an association involved in the field of transfusion medicine and cellular therapies.