<div id="readability-page-1"><div>[SINGAPORE] Cordlife Group is facing claims of at least S$5.45 million in damages from clients who stored 109 cord blood units (CBUs) with the company.In a bourse filing on Tuesday (Dec 2), the cord blood bank said it was notified on Dec 1 of the filing of the originating application in the courts, by an individual acting as a representative for the group of claimants. The claimants are seeking a declaration that Cordlife is liable for loss and damage arising from negligence or breach of contract, “causing irreparable damage” due to its failure to properly store and preserve the CBUs. The suit is also seeking an order for damages fixed at S$50,000 per damaged unit. Based on the 109 units involved, the company estimates the aggregate quantum of the claims to be at least S$5.45 million. Alternatively, the claimants are seeking a refund of all storage fees paid to date, or an order for the assessment of damages. Cordlife noted that the members of this claimant group are clients whose units were stored in tanks later labelled as “damaged” and “high risk”. They are part of the same group that had previously issued a letter of demand to the company on Mar 28, 2025 through their solicitors.The company is currently seeking legal advice on its next steps.While the board is still assessing the financial impact on the group’s performance for the financial year ending Dec 31, 2025, it warned that an order to pay the claims would result in a negative impact on the group’s financial position for the year. Cordlife added that the claims relate solely to its operations in Singapore, and the group remains in full operation in other geographical markets. This is the latest setback for the company, whose mishandling of cord-blood units first came to light in November 2023, when the Ministry of Health (MOH) conducted unannounced audits on the company.Then, it was revealed that seven of the 22 tanks at Cordlife were exposed to temperatures above acceptable limits during different periods from November 2020. This damaged the cord-blood units belonging to at least 2,150 clients. After resuming limited service on Sep 15, 2024, another round of operational lapses were identified in a midpoint audit in July this year. Cordlife was then served a notice of intent for a one-year suspension of its cord-blood banking services by MOH on Sep 29. As at 3.20 pm on Wednesday, the company’s shares were down 6 per cent at S$0.14 with 48,000 shares traded.</div></div>

康盛人生

康盛人生集团面临来自客户的 545 万新元民事索赔，原因是 109 个受损的脐带血单位。索赔方指控公司存在过失和违反合同，要求每个受损单位赔偿 5 万新元或退还存储费用。该公司正在评估财务影响并寻求法律建议。这一事件发生在之前的运营失误和审计揭示脐带血单位处理不当之后

康盛人生因脐带血单位受损而面临客户提出的 545 万新加坡元的民事索赔