SINGAPORE, May 12 (Reuters) - The benchmark Straits Times
Index .FTSTI fell 0.9 percent as of 0220 GMT on Tuesday.
The following stock was on the move:
** NOBLE GROUP FALLS ON SHARE PLACEMENT **
Shares of commodities firm Noble Group (NOBG.SI) fell as
much as 15 percent on Tuesday on talk the company was planning
a share placement, a trader said.
The group was raising about $200 million in a top-up share
placement priced at a discount of 4.8 percent to 8.4 percent to
its closing price, according to a term sheet seen by Reuters on
Monday. [ID:nHKG69037]
Noble, which is based in Hong Kong but listed in Singapore,
was down 10 percent around 0220 GMT.
0220 GMT
($1=1.46 Singapore dollar)
(Reporting by Eveline Danubrata; Editing by Kevin Lim)
