Brief: Advance SCT updates on debt owed by co to Saffron Elite
July 10 (Reuters) - Advance SCT Ltd ASCT.SI :
* Saffron agreed to capitalize scheme debt as well as a
working capital loan of S$1.5 million that it has extended to
company's unit
* Upon capitalization of Saffron debt, group's debt burden
will be substantially reduced
Source text for Eikon: ID:nSNZ3JPds
Further company coverage: ASCT.SI
((Bangalore.newsroom@thomsonreuters.com;))
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