Press Release - 30 April 2018

(只提供英文版本)Singapore’s Tripartite Alliance for Fair and Progressive Employment Practices Recognises Cordlife as a Human Capital Partner

SINGAPORE, 30 April 2018 - Singapore mainboard-listed Cordlife Group Limited ("Cordlife" or the "Company") announced today it has been officially recognised as a Human Capital Partner ("HCPartner") under the Human Capital Partnership Programme ("HCP Programme"), for its efforts towards developing human capital as well as the adoption of fair and progressive workplace practices. As a HCPartner, Cordlife will have better access to government support and resources, and can expect quicker responses from relevant state agencies for manpower matters.

Set up in 2007 by the Ministry of Manpower, the Tripartite Alliance for Fair and Progressive Employment Practices ("TAFEP") promotes the adoption of fair, responsible and merit-based employment practices among employers, employees and the general public. The HCP Programme is a tripartite initiative by TAFEP, to develop a community of employers committed to training and nurturing their Singapore workers.

Companies under the HCP Programme must invest in Singaporean employees of all ages and levels; ensure proper transfer of expertise from foreign staff to locals to fill skill gaps; and select foreigners who complement local workers. Through this recognition, Cordlife joins the ranks of over 130 HCPartners which include Capitaland Group, Mediacorp and DBS Bank.

Since 2009, Cordlife has been investing in human capital which includes developing its internal high potential talents through external training programmes as well as hiring of young talents from local polytechnics and universities. The Company has also implemented good welfare practices such as regular reviews of employee medical benefits and providing flexible work arrangement.

"We aspire to be an exemplary employer as our most important asset is really our people. When they are equipped and empowered to do their job, the entire organisation succeeds. This is why we invest a lot of time and resources to developing our human capital." said Ms Tan Poh Lan, Group COO of Cordlife. She received the HCP certificate from the Second Minister for Manpower, Mrs Josephine Teo at the Conference on Fair and Progressive Employment Practices 2018 on 27 April 2018.








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