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Goh Jin Hian has left his post as chairman of Cordlife Group with immediate effect, although he continues to serve as an independent director.
GOH Jin Hian has left his post as chairman of Cordlife Group with immediate effect, although he continues to serve as an independent director.
This is in view of Inter-Pacific Petroleum’s (IPP) judicial managers (JMs) having sued Dr Goh in relation to an alleged breach of director’s duties, said Cordlife in a filing late Monday night.
Dr Goh, the medically trained son of former Singapore prime minister Goh Chok Tong, is thus stepping down as chairman “to devote more time to his personal affairs”.
In the meantime, Ho Choon Hou, vice-chairman and independent director, has been named the acting chairman of the mainboard-listed cord-blood banking services company. Dr Ho will remain as an independent director.
Deloitte & Touche, the JMs of insolvent marine fuel and cargo trader IPP, filed the suit against Dr Goh in the Singapore High Court last Friday night.
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