Noble Group mum on Iceberg's allegations

8 Aug 2017 - Singapore Business Review
The research firm said Noble is sinking in a perfect storm. After receiving a backlash from Iong-time foe Iceberg Research which predicted that the company will probably fail, Noble Group remained silent and said it would not comment on the allegations. "The company has already commented extensively ...
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Daily Debrief : What Happened Today

7 Aug 2017 - Business Times Breaking News
Noble says it does not wish to comment further on Iceberg's allegations Noble Group Limited said on Monday that it does not want to comment further on allegations hurled by Iceberg Research, having "already commented extensively" on them.
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Stocks to watch: Stratech, Noble, WCG, Keppel Land

7 Aug 2017 - Business Times Breaking News
THE following companies saw new developments that may affect trading of their shares on Monday:The Stratech Group Limited (Stratech): The technology firm said that it "has had preliminary discussions with certain parties" on its plan to monetise intellectual properties by seeking investments in the group, ...
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Noble says it does not wish to comment further on Iceberg's allegations

7 Aug 2017 - Business Times Breaking News
NOBLE Group Limited said on Monday that it does not want to comment further on allegations hurled by Iceberg Research, having "already commented extensively" on them."The company provided a comprehensive update to the market on July 26, 2017, and will continue to provide further updates as appropriate," ...
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MAS responds to Iceberg on Noble Group

4 Aug 2017 - Business Times Breaking News
THE Monetary Authority of Singapore (MAS) responded to Iceberg a day after its accusation that the saga involving beleaguered Noble Group was a "complete failure" on the part of regulators.In a statement, MAS said that it "will not hesitate to take the necessary enforcement actions" should it uncover ...
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Noble's sale of energy unit will not solve crisis: Iceberg Research

3 Aug 2017 - Business Times Breaking News
ICEBERG Research fired another salvo against Noble Group on Thursday, and also accused Singapore regulators of being remiss in their duties. In a post on its website, Iceberg said that Noble's sale of its US energy business will not solve the crisis, and that Noble is sinking in a perfect storm. "The ...
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Credit negative on Noble's profit warning

3 Aug 2017 - The Star Online
Moody's Investors Services latest Credit Outlook says Noble Group Ltd's profit warning is a credit negative for the commodities giant. Noble reported an adjusted operating loss from supply chains of US$250 mil to US$300 mil in 2Q2017. This is significantly worse than an adjusted operating loss of about ...
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Iceberg Research: Noble Group Is Sinking.

3 Aug 2017 - ShareInvestor Express
The Noble saga reveals the complete failure of the regulators in Singapore...
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Noble Group warns it could lose $1.7b

3 Aug 2017 - Singapore Business Review
Even asset sales might not be enough to conquer its $2.1b debt. Things went downhill for Noble Group after it said it will post a net loss of $1.7 to $1.8b for Q2, according to a Moody’s Analytics report. Noble Group also said they would report an adjusted operating loss of $250-300m from supply chains. ...
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Embattled trader Noble Group pays US$40m bond coupon

1 Aug 2017 - The Star Online
SINGAPORE: Singapore-listed commodities trader Noble Group Ltd has paid the coupon on its 2020 bond, market sources said on Tuesday, helping to reduce worries about the company’s immediate ability to service its debt. The payment of about US$40 million to bondholders comes after Noble last week announced ...
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