82 Followers SGX:CGP - Noble Group Ltd Noble
Sector: Industrials, Industry: Industrial Conglomerates
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Noble sells 50% stake in Coalridge Limited for $1.4m

4 Sep 2017 - Singapore Business Review
It also broke ties with the coal company. Noble Group sold its 50% equity stake in Coalridge Limited (Coalridge) to Australian company Aspire Mining Limited (Aspire). According to an announcement, the price for the company's stake stood at $1.4m (US$1m). Noble also declared a future royalty from the ...
sgx:cgp

Noble Group sells stake in JV to Australia-listed associate Aspire

1 Sep 2017 - Business Times Breaking News
NOBLE Group has sold its stake in a joint venture Coalridge Limited for US$1 million to Australia-listed Aspire Mining in the form of Aspire shares and options, plus a future royalty. Coalridge Limited is a joint venture between Noble Group and Australia-listed Xanadu Mines, a copper and gold exploration ...
sgx:cgp

Trading firm Noble seen picking oil unit buyer in Sept

31 Aug 2017 - The Star Online
LONDON/SINGAPORE: Trader Noble Group is expected to pick a buyer for its oil and liquefied natural gas (LNG) units by mid-September to cover debts and reduce credit exposure after a first half loss of $1.9 billion, sources familiar with the matter said. Once Asia's largest commodities trader, Singapore-listed ...
sgx:cgp

Noble Group could default on its debt soon

16 Aug 2017 - Singapore Business Review
Ratings agencies cut their scores on the commodity trader. Bloomberg Markets reported that Noble Group Ltd. may default on its debt as soon as the next six months, according to S&P Global Ratings and Moody’s Investors Service, which again cut their scores on the commodity trader while warning that planned ...
sgx:cgp

Stocks to watch: Noble, Singtel, ST Engineering, CityDev, GP Batteries

11 Aug 2017 - Business Times Breaking News
THE following companies saw new developments that may affect trading of their shares on Friday:Noble Group: The beleaguered commodities group fell deeper into the red for the second quarter, recording a loss of US$1.75 billion compared to a net loss of US$54.9 million a year ago, and US$1.2 billion in ...
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Noble Group sinks deeper with $2.4b loss in Q2

11 Aug 2017 - Singapore Business Review
It was hit by trading losses in its oil liquids business. Noble Group takes a harder hit after its loss significantly widened YoY from $74.8m (US$54.9m) to $2.4b (US$1.75b) in Q2. KGI said the company suffered from trading losses in its oil liquids segment and impairment charges. Revenue also fell 19% ...
sgx:cgp

Noble falls deeper into the red with US$1.75b Q2 loss

10 Aug 2017 - Business Times Breaking News
STRUGGLING commodity trader Noble Group, hit by trading losses in its oil liquids business and impairment charges, fell deeper into the red with a second-quarter net loss of US$1.75 billion, compared to a net loss of US$54.9 million in the year-ago period.Revenue slipped 19 per cent to US$10.1 billion, ...
sgx:cgp

Noble Group: Post 2Q17 Net Loss Of US$1.75 Billion Vs 2Q16 Net Loss Of US$54.9 Million.

10 Aug 2017 - ShareInvestor Express
Strategic review undertaken under the direction of Chairman, Paul Brough, in the context of managing the Group's short-term liquidity challenges, while at the same time formulating a plan for a turnaround of the Group's business. Priority on further reducing the Group's debt over the next two years. ...
sgx:cgp

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