Cordlife Seeks Court Conversion of Cord Blood Claims Case, Warns of Potential FY2026 Hit

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2026.01.14 00:12
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Cordlife Group has applied to the High Court to convert existing court claims regarding damage to stored cord blood units into an originating claim. The company warns that an adverse court ruling could negatively impact its financial results for FY2026. Shareholders and potential investors are advised to exercise caution when trading its shares. The latest analyst rating for Cordlife Group (SG:P8A) is a Sell, with a price target of S$0.13. The company specializes in umbilical cord blood storage and has a market cap of S$33.19M.