FT sells S'pore arm for $150 mn, to repay FX loan

But investors in the scam-hit National Spot Exchange, part of the FT Group company, have little to cheer since the entire proceeds will used to repay FT’s foreign loans.


http://www.moneycontrol.com/news/business/fintech-sells-s39pore-arm-for-36150-m-to-repay-fx-loan_992705.html