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Axington shares drop 20% following admission of doctored Obama photos by company in Newcastle United takeover bid

Felicia Tan
Felicia Tan8/24/2020 11:11 AM GMT+08  • 3 min read
Axington shares drop 20% following admission of doctored Obama photos by company in Newcastle United takeover bid
The Catalist-listed company was bought over by former investment bankers and cousins Nelson Loh and Terence Loh in June 2020.
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Shares in management consulting company Axington Inc. fell 20% to 18 cents as at 9.40am.

The Catalist-listed company was bought over by former investment bankers and cousins Nelson Loh and Terence Loh in June 2020.

The Loh cousins were in the news on August 16 for attempting to take over English football club, Newcastle United, through the Bellagraph Nova (BN) Group.

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