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Noble Group Ltd (NOBG.SI)

NOBG.SI on Stock Exchange of Singapore

0.50SGD
27 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Noble Group says it has disposed of its entire 100% equity interests in some units
Monday, 26 Jun 2017 05:29am EDT 

June 26 (Reuters) - Noble Group Ltd -:‍As of 26 june 2017, company has disposed of its entire 100% equity interests in some units."transaction does not amount to discloseable transaction for purposes of chapter 10 of listing manual of singapore exchanges securities trading".Disposal for an aggregate consideration of approximately us$4.7 million.  Full Article

Noble Group disposes 45 pct beneficial interest in Pt Borneo Sejahtera
Thursday, 22 Jun 2017 05:13am EDT 

June 22 (Reuters) - Limited :Notification On Joint Venture.co has disposed of its 45% beneficial interest in Pt Borneo Sejahtera.  Full Article

Noble shares down 4 pct after company confirms lenders agree to extend key repayment deadline
Monday, 19 Jun 2017 08:38pm EDT 

June 20 (Reuters) - Noble Group :Shares down 4 percent after company confirms lenders agree to extend key repayment deadline.  Full Article

Noble says discussions with bankers are continuing in relation to its revolving credit facility
Monday, 19 Jun 2017 08:00pm EDT 

June 20 (Reuters) - Noble Group Ltd ::Noble Americas Corp's senior secured borrowing base revolving credit facility will be extended by 120 days from 20 June, 2017.Expects to complete its previously announced strategic review once discussions with banks.Continues to be in talks with potential investors concerning sale of an interest in group or its subsidiaries or parts of its business .Group's discussions with its bankers are continuing in relation to its revolving credit facility due May 2018.Effective immediately, Peter James O'donnell will take on an Executive role as Special Advisor to Chairman on Corporate Strategy.Peter James O'donnell will take on an executive role as special advisor to Chairman on corporate strategy.Results of this review are likely to include an asset realization programme to maintain liquidity and a further reduction in overhead expenses.Peter James O'donnell will step down from his Non Executive Director position."Has informed holders of USD400 million perpetual capital securities that it has deferred payment".  Full Article

Noble Group's banks poised to decide trading house's fate- FT, citing sources
Tuesday, 6 Jun 2017 01:05pm EDT 

June 6 (Reuters) - :Noble group's banks poised to decide trading house's fate- FT, citing sources.Noble group's banks have appointed legal advisers as they consider the case for extending $2 billion credit line- FT, citing sources.  Full Article

Noble Group shares down 16 percent in early trade
Tuesday, 23 May 2017 08:54pm EDT 

Noble Group :Shares down 23 percent despite company saying in discussions with potential strategic parties.  Full Article

Noble Group responds to queries from Singapore Exchange Securities Trading
Tuesday, 23 May 2017 06:59pm EDT 

May 24 (Reuters) - Noble Group Ltd :refers to queries from Singapore Exchange Securities Trading Limited.Has previously announced it is in talks with various potential strategic parties.Company has mandated Moelis & Company and Morgan Stanley to review strategic alternatives.is aware that a media article has indicated reasons for any transaction not proceeding were commercial concerns about Noble..Noble is not aware of any reason that would confirm what article reports.also aware that S&P global ratings announced that they will downgrade company's corporate credit rating to ccc+ and issue rating to ccc..Noble is not aware of any reason that would confirm what reuters article reports.media article refers to Sinochem no longer pursuing stake buy in Noble Group.In addition, co continues to right size businesses and to evaluate further asset sales.  Full Article

Noble Group says in talks with strategic investors
Thursday, 11 May 2017 07:36am EDT 

May 11 (Reuters) - Noble Group's :CFO says company will carry out business review under new chairman.Co-CEO says will make changes to company's coal hedging strategy.CFO says company has ongoing conversations with strategic investors, declines comment on Sinochem.  Full Article

Noble Group announces share consolidation
Thursday, 11 May 2017 05:49am EDT 

May 11 (Reuters) - Noble Group Ltd :Consolidation of every ten ordinary shares in capital of noble group limited into one ordinary share, fractional entitlements to be disregarded.Share consolidation has become effective on May 11.  Full Article

Noble Group says qtrly net operating income from supply chains loss of $3 million
Thursday, 11 May 2017 05:30am EDT 

May 11 (Reuters) - Noble Group Ltd :Qtrly operating income margin was 2.62% a year ago.Qtrly net operating income from supply chains loss of $3 million.Qtrly net loss $ 129 million versus profit of $40 million a year ago.Qtrly revenue $12,489 million versus $11,076 million a year ago.Qtrly 17% year on year decline in group tonnage.  Full Article

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