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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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