Terence Loh and Nelson Loh, who jointly own shares and directorships in four entities, including Novena Global Healthcare Group, announced that they have entered into an agreement to legally separate all their business interests. The announcement was made a day after Terence said that he has resigne...

AXINGTON Inc will not proceed with its proposed S$12 million acquisition of a Malaysia-based medical products distributor, after failing to obtain shareholders' approval for the deal.

AXINGTON Inc will not proceed with its proposed S$12 million acquisition of a Malaysia-based medical products distributor after failing to obtain shareholders' approval for the deal.

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.

Cousins Terence and Nelson Loh are looking to sell their stake in Axington Inc, according to The Business Times on September 21. According to the paper, the cousins have approached several parties to buy out their stake. The Catalist-listed company was bought over by the former investment bankers un...

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Ernst & Young (EY) has filed a police report on Novena Global Healthcare Group for signatures the accounting firm allegedly did not make on the healthcare group’s financial statements, according to The Straits Times. In an article dated September 18, the national broadsheet reported that it un...

Axington Inc has updated that the Loh cousins, who are controlling shareholders of the company, actually own 77.88% of the company and not 92.53%. The Lohs, in the news recently for their attempt to bid for the Newcastle football club, took over Axington back in July via an entity called Dorr Global...

AXINGTON on Tuesday disclosed controlling shareholder Dorr Global Healthcare's latest shareholding following recent placements, and said the late disclosure was due to "administrative oversight".

THE two-man board of Axington is engaging with controlling shareholders Nelson and Terence Loh to obtain clarity on "strategic changes" expected to be made in the business direction of the company, the Catalist-listed firm said in a bourse filing on Thursday.