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CORDLIFE Group’s board on Friday said it is supportive of Goh Jin Hian’s continued service as chairman and independent director.
CORDLIFE Group’s board on Friday said it is supportive of Goh Jin Hian’s continued service as chairman and independent director.
This is even as the 51-year-old – who is the son of former Singapore prime minister Goh Chok Tong – is assisting with the Commercial Affairs Department’s (CAD) investigations in relation to healthcare and energy firm New Silkroutes Group.
The Singapore police’s CAD is looking into a possible offence under the Securities and Futures Act, and New Silkroutes on Wednesday said it understood that the alleged offence is false trading and market rigging , in view of past share buybacks and share purchases.
Dr Goh, who was chief executive officer (CEO) of New Silkroutes until he vacated the role on Thursday, is one of the individuals assisting CAD with the investigations. He remains the chairman of New Silkroutes.
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