Noble currently in talks with strategic parties

24 May 2017 - Singapore Business Review
However, Sinochem investment is now a miss. In a report from Reuters, embattled commodity trader Noble Group Ltd said on Wednesday that discussions with various potential strategic parties are ongoing, seeking to regain market confidence. S&P this week slashed Noble's corporate credit ratings by three ...
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Singapore: Noble Group endures wild ride as talks continue with potential partners

24 May 2017 - DealStreetAsia
Noble Group Ltd. shares endured a roller-coaster ride as investors weighed concerns about the commodity trader’s ability to sustain its business and meet debt obligations with comments from the company that it remains in talks with potential strategic partners. The bonds rose. The shares first plunged ...
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Updated hot stock: Noble halts trading after tumbling on reports of Sinochem's withdrawal, S&P's warning

23 May 2017 - Business Times Breaking News
THE share prices of Noble Group took a dive when the stock market opened on Tuesday, a day after Reuters reported that China's state-owned Sinochem was no longer interested in investing in the commodity group due to concerns over its finances and business outlook.Noble opened at S$0.475 a share, and ...
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Singapore's Noble Group `fighting for its life' as S&P sees default risk

23 May 2017 - DealStreetAsia
Noble Group Ltd.’s crisis deepened after S&P Global Ratings flagged a risk of default for the commodity trader within a year, triggering a rout in the company’s shares before they were suspended in Singapore ahead of a company statement. The 2020 bonds fell to a record low. “Noble is fighting for its ...
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Noble Group to negotiate with banks for $2.8b loan

19 May 2017 - Singapore Business Review
The credit facility is due to be rolled over end-June. A report from Reuters noted that Singapore-listed Noble Group faces a key financing test over the next few weeks as it negotiates a rollover of credit facilities against the backdrop of a surprise quarterly loss that pummelled market confidence in ...
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Noble Group explores coal deals with fixed prices or terms to reduce risk

18 May 2017 - Business Times Breaking News
NOBLE Group is looking at conducting coal transactions on fixed prices or fixed terms as it grapples with the decoupling of a key coal price index from market fundamentals.The group last week announced a first-quarter loss of US$129.3 million despite a rise in revenue, blaming it on a dislocation in ...
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Singapore: Noble Group lifeline depends on bank support for $2b loan

18 May 2017 - DealStreetAsia
Noble Group Ltd.’s stock and bonds rose Thursday after people familiar with the matter said the embattled commodity trader has approached lenders to replace a credit facility with a new $2 billion loan. Now investor focus shifts to bank support for that lifeline. Mitsubishi UFJ Financial Group Inc. is ...
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Hot stock: Noble up for second day running

17 May 2017 - Business Times Breaking News
BELEAGUERED commodities trader Noble Group has rebounded for the second day running.This was after a savage selloff that saw its value more than halve in a week.At 2.35pm, it was trading at S$0.705 a share, up S$0.045 from Tuesday's close. More than 70 million shares have been traded. The day's high ...
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Why it's high-time to buy Noble Group stocks

17 May 2017 - Singapore Business Review
Noble's stock price is at a deep discount. In an interview with CNBC, a market watcher from Religare Capital Markets said the The recent plunge in share price of Singapore-listed commodities firm Noble Group is an opportunity for investors to buy the stock at a deep discount. "In their business, it is ...
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Orange Business Services expands its presence in Malaysia - Digital News Asia

11 May 2017 - Digital News Asia

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