in March 2010 Cordlife Hong Kong and 10% indirect stake in Guangzhou Tianhe Nuoya were transferred to the Group in 2010 On October 30, 2009, Cordlife Limited invested in a 10% indirect equity stake in Guangzhou Tianhe Nuoya, a company engaged in providing cord blood banking services in Guangdong province Released a cord blood unit for cerebral palsy in Singapore in September 2009 Launched Singapore facility in April 2008 at Science Park II 2001–2007 Cygenics Limited was renamed Cordlife Limited ("CBB") in June 2007 Cordlife Hong Kong achieved ISO:9001 in August 2007 Entered Hong Kong and the PRC markets, Cordlife began operating through Cordlife Hong Kong in March 2005 Singapore facility obtained its AABB accreditation in September 2005 Holding company Cygenics Limited listed on Australian Securities Exchange in June 2004 Merged with Cytomatrix LLC in April 2003 Cordlife received licence to operate from Ministry of Health, Singapore in June 2002 Company incorporated on 2 May 2001 Products and services Cord Blood Banking Cord blood banking refers to the collection at birth, processing, testing, cryopreservation and storage of stem cells from the umbilical cord blood. Cord blood, also called "placental blood", is blood that remains in the umbilical cord and placenta following the birth of a baby and after the umbilical cord is cut. During pregnancy, the umbilical cord functions as a lifeline between mother and child. After a baby's delivery, the cord blood present in the umbilical cord could offer hope for the child or members of the family. Cord blood is a rich source of haematopoietic stem cells (HSCs), which are primarily responsible for replenishing blood and regenerating the immune system. Cordlife's cord blood banking services are available in the following countries: Singapore, Hong Kong, India, Indonesia, Malaysia, the Philippines, Thailand, Bangladesh, Myanmar and Vietnam. Cord Lining Banking Cord lining banking refers to the collection, processing, testing, cryopreservation and storage of the lining from an umbilical cord. After the baby is delivered, the umbilical cord is cut and normally discarded with the placenta as medical waste until researchers became aware of its medical potential. Cord lining contains both Epithelial (EpSCs) and Mesenchymal stem cells (MSCs). EpSCs form the soft tissues that connect, support, or surround other structures and organs of the body including cornea, skin, and liver. MSCs are the building blocks of structural tissues of our body such as bone, cartilage, muscle, fibrous tissues and fat. Cordlife's cord