Singapore's main Straits Times newspaper on Wednesday reported BN Group had said the posting of some of its marketing materials"appears to be the result of the actions of certain errant individuals, possibly with malicious intent".Axington, whose shares have fallen around 15 per cent this week and were put on trading halt on Wednesday pending an announcement, did not respond to a request for comment.
Wagar, who was Singapore ambassador from 2013 to 2017, said he had been asked to join the board of Axington in June by the Lohs. Filings by the firm said he joined the board in July.
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