, Singapore

Ho Han Siong resigns as non-independent and non-executive director

Effective on October 4, 2016.

Mr. Ho, 51, was nominated by Tai Tak Estates (TTESD), the holding company of Wells Spring (WPSL) and Providence Investments (PIPL) to take a board seat in Cordlife Group (CGL). After the completion of the disposal of shares of CGL from WSPL and PIPL to Nanjing Xinjuekou Department Store Co., TTESD ceased to be a substantial shareholder of CGL, thus the resignation.

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