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Aug 24, 2022 · SINGAPORE - Noble Group Limited (NGL) has been fined $12.6 million by the Singapore authorities, capping a nearly four-year probe into what was once Asia's largest commodity trader before its...
Noble recorded net losses of $1.7 billion in 2015. On 29 May 2016, CEO Yusuf Alireza was terminated by Elman. In 2017, Alireza sued Noble for compensation. In 2018, Noble Group Ltd was de-listed from the Singapore Stock Exchange. The share price had collapsed 99% since Iceberg exposed Noble.
THE founder of Noble Group, the commodity trader that collapsed into insolvency in 2018, is suing the company over a debt restructuring that he says was unfair to minority shareholders including himself.
Oct 27, 2023 · About NGHL. NGHL was an asset holding company, however, following the disposal of its principal asset (a minority shareholding in Harbour Energy PLC) it no longer holds any significant assets. View All News.
Aug 27, 2018 · Noble Group has shredded billions in value since 2015 as the once US$12-billion company was reduced to a rump by untenable debt, losses and allegations it deceived investors with accounting...
Sep 14, 2022 · Singapore officials insist the city-state’s regulatory framework for financial disclosures is “multi-layered and robust”, despite criticism over enforcement action taken against disgraced commodity trader Noble Group.
Aug 24, 2022 · Noble Group Ltd., the commodity trader whose losses, spectacular collapse, court dramas and multibillion dollar restructuring dominated headlines in Singapore over several years, was issued...
