Ex-U.S. ambassador quits Singapore firm linked to Newcastle United bidders


  • Football
  • Wednesday, 26 Aug 2020

FILE PHOTO: U.S. Defense Secretary Chuck Hagel (R) is greeted by U.S. Ambassador to Singapore Kirk Wagar (C) and U.S. Defense and Naval Attache for Singapore Capt. John Wood (L) during his arrival in Singapore May 30, 2014. REUTERS/Pablo Martinez Monsivais/Pool

SINGAPORE (Reuters) - 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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