Global Cord Blood (CORBF) has released an update.
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Global Cord Blood Corporation has been in provisional liquidation since September 2022, with joint provisional liquidators appointed by the Grand Court of the Cayman Islands. Recently, the court approved remuneration for the liquidators, with a 10% discount applied, amounting to over $9 million for their services up to September 2023. This financial development is a significant step in the ongoing restructuring process of the corporation.
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