Noble Group halts shares as restructuring deal hangs in balance

Struggling commodity trader Noble Group halts shares in Singapore pending an announcement. The company's efforts to get shareholders on board with large-scale restructuring plan drag on.
Photo: Bloomberg
Photo: Bloomberg
by Krystal Chia, bloomberg

Noble Group Ltd. suspended its shares in Singapore on Monday pending an announcement, as efforts to get shareholder agreement on its controversial USD 3.5 billion debt restructuring plan drag on longer than expected.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading