SINGAPORE: The former U.S. ambassador to Singapore said he had resigned from the board of a firm in the city-state linked to a group bidding for English soccer club Newcastle United citing "recent revelations" about the group.
Kirk Wagar said he had quit the board of Axington, a firm listed on the Singapore stock exchange's junior bourse. Singaporean businessmen and cousins Terence Loh and Nelson Loh are controlling shareholders in the firm and the chairman is Chinese jewellery merchant Evangeline Shen.
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