AMID ongoing investigations into its processes and a shareholder dispute, troubled private cord-blood bank Cordlife Group : P8A 0% has been thrust back into the spotlight after last Friday’s (Mar 22) arrests of four directors and its former group chief executive officer.

The Business Times traces the timeline of events leading to these arrests, which are related to alleged breaches-of-disclosure obligations. These disclosures relate to irregular temperatures in its storage tanks, which led to a six-month suspension notice from the Ministry of Health (MOH) in November 2023.

Nov 2020 - Nov 2023: Movements in the dark – lapses in Cordlife’s storage units but the public is not informed