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Scandal-hit Loh cousins seeking to offload their stake in Axington

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It is believed that Terence Loh (left) and Nelson Loh have approached several parties to buy out their Axington stake; there is a sense of urgency given a looming S$20 million loan.

Singapore

AMID mounting public scrutiny and a police report lodged by a "Big Four" accounting firm, Singaporean duo Nelson and Terence Loh are looking to off-load their recently-acquired stake in Catalist-listed Axington Inc, according to several sources.

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