MAS and SGX RegCo reject Noble Group re-listing

  • Dec 7, 2018

Future plans could include filing for administration in Britain with creditors taking control.

In response to the queries raised in a letter to the company from Acra, Noble Resources International will submit a comprehensive assessment, said the board.

The group has since seen massive write-downs, defaulted on its bonds and the market value is now one-tenth of what it was at its peak.

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