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Article: CryoCord: Private funds will do for now

Article from:
New Straits Times
Article date:
May 26, 2007
Author:
Copyright

Chong Jin Hun
New Straits Times
05-26-2007
CryoCord: Private funds will do for now
Byline: Chong Jin Hun
Edition: Main/Lifestyle
Section: Business Times
Type: Company

MALAYSIA'S CryoCord Sdn Bhd, a stem cell banking specialist, says it is keen on a listing to expand, but its flotation options will not be limited to Malaysia alone.

For now, it admits it is more comfortable with private funds to fuel its ongoing ventures in Vietnam and, possibly, in Indonesia and the Philippines later.
"It is most likely an IPO (initial public offering) somewhere, not neccessarily in Malaysia. We would prefer to start with private equity," said CryoCord managing director James Then.

"I always feel that we need ...

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