The completion of the restructuring allows the company to move forward under its new holding company, Noble Group Holdings Limited, and focus on its customers and suppliers with a fully restructured balance sheet and committed trade and hedging facilities of USD 800 million. Additionally, the company is able to carry forward its business plan and…
This was announced in a joint statement issued by the Monetary Authority of Singapore (MAS), Singapore Police Force and Singapore Exchange Regulation (SGX Regco). As explained, the decision follows “a careful review” of the findings to-date from the ongoing investigations into NGL and Noble Resources International (NRI) by MAS, the Commercial Affairs Department (CAD) of…
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