The investors are Charming Global Enterprises and a high-net-worth individual based in Singapore. : SINGAPORE – Cordlife Group, which is under investigation for mishandling its cord blood units, is proposing to raise $8.2 million by issuing a total of 51.2 million new ordinary shares at 16 cents apiece. On April 17, the private cord-blood bank said it entered into two separate subscription agreements with Charming Global Enterprises (CGE) and Mr Darren Ng, a high-net-worth individual based in Singapore. CGE is owned by Mr Jiao Shuge, who co-founded Beijing-based private equity and venture capital firm CDH Investments.