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Noble Group Ltd (NOBG.SI)

NOBG.SI on Stock Exchange of Singapore

0.18SGD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Noble Group Updates On Disposal Of U.S. Unit
Monday, 11 Dec 2017 07:42pm EST 

Dec 12 (Reuters) - Noble Group Ltd ::‍NOBLE AMERICAS EMERALD CORP COMPLETED SALE OF ALL OF LIMITED LIABILITY COMPANY INTERESTS OF MR COAL MARKETING & TRADING, LLC​.CONSIDERATION FOR MR COAL DISPOSAL IS ABOUT US$34.5 MILLION.  Full Article

Noble Group Enters Equity Purchase Agreement With Mercuria Investments US
Thursday, 7 Dec 2017 06:19pm EST 

Dec 8 (Reuters) - Noble Group Ltd ::PROPOSED DISPOSAL OF ALL ISSUED AND OUTSTANDING CAPITAL STOCK OF NOBLE AMERICAS SOUTH BEND ETHANOL LLC TO MERCURIA INVESTMENTS US, INC..CO AND NASBE HAVE ON 7 DECEMBER 2017 ENTERED INTO AN EQUITY PURCHASE AGREEMENT WITH MERCURIA INVESTMENTS US.CONSIDERATION FOR PROPOSED NOBLE AMERICAS SOUTH BEND ETHANOL DISPOSAL US$15.5 MILLION.TOTAL CONSIDERATION FOR DEAL APPROXIMATELY US$20 MILLION.  Full Article

Noble Group Limited Announces Proposed Disposal Of Vessels‍
Tuesday, 28 Nov 2017 06:30pm EST 

Nov 29 (Reuters) - Noble Group Limited ::PROPOSED DISPOSAL OF VESSELS‍.NET PROCEEDS FOLLOWING REPAYMENT OF BANK LOANS ASSOCIATED WITH VESSELS AND OTHER COSTS, WILL AMOUNT TO ABOUT US$30 MILLION ​.‍AGGREGATE PROCEEDS FROM PROPOSED DISPOSAL OF VESSELS ARE EXPECTED TO BE APPROXIMATELY US$95 MILLION​.‍PROPOSED DISPOSAL IS EXPECTED TO CLOSE BETWEEN 10 MARCH 2018 AND 31 MAY 2018​.‍PROPOSED DISPOSAL WILL NOT SIGNIFICANTLY IMPACT OPERATIONS OF FREIGHT BUSINESS.​.  Full Article

Noble Group Ltd Says ‍Disposed Its Entire Registered Interests In Onsburg Ltd To Wadash Enterprises
Tuesday, 28 Nov 2017 04:37am EST 

Nov 28 (Reuters) - Noble Group Ltd ::‍DISPOSED OF ITS ENTIRE REGISTERED INTERESTS IN ONSBURG LTD TO WADASH ENTERPRISES.  Full Article

Noble Group Announces Proposed Disposal Of Noble Americas South Bend Ethanol
Sunday, 26 Nov 2017 06:22pm EST 

Nov 27 (Reuters) - Noble Group Ltd:PROPOSED DISPOSAL OF NOBLE AMERICAS SOUTH BEND ETHANOL .‍CONSIDERATION FOR PROPOSED NASBE DISPOSAL IS US$12.5 MILLION​.NGL AND NOBLE AMERICAS SOUTH BEND ENTERED INTO AN EQUITY PURCHASE AGREEMENT WITH ZEELAND FARM SERVICES​.‍GROSS NASBE CONSIDERATION WOULD AMOUNT TO APPROXIMATELY US$17 MILLION, COMPRISING NASBE BASE CONSIDERATION OF US$12.5 MILLION.‍EXPECTED THAT NASBE NET PROCEEDS WILL BE MADE AVAILABLE TO REDUCE NOBLE GROUP'S INDEBTEDNESS​.  Full Article

Noble Group announces entry into an investment agreement
Sunday, 19 Nov 2017 06:29pm EST 

Nov 20 (Reuters) - Noble Group Limited:Entry into an investment agreement.Unit ‍had on 16 November 2017 entered into an investment agreement with Mkango Resources Limited​.‍ aggregate consideration for proposed Lancaster investment is £12 million​.Deal ‍in connection with proposed investment by Talaxis in lancaster exploration​.‍deal also includes proposed investment by Talaxis in a company (newco) to hold Mkango's 85% interest in a joint venture.‍consideration for proposed newco investment is £2 million​.  Full Article

Noble Group says co expanding footprint across rare earth and special ores and metals markets​
Wednesday, 15 Nov 2017 04:24am EST 

Nov 15 (Reuters) - Noble Group Ltd :‍it is expanding its footprint across rare earth and special ores and metals markets​.‍will develop these activities under umbrella of two wholly owned subsidiaries, Kalon Resources Pte Ltd and Talaxis​.‍Kalon focuses on special ores and metals upstream and downstream operations, while Talaxis will be dedicated to developing cobalt, lithium.  Full Article

Noble Group starts talks about options to address capital structure & liquidity position​
Tuesday, 14 Nov 2017 07:33pm EST 

Nov 15 (Reuters) - Noble Group Ltd ::Group commenced discussions with various stakeholders regarding potential options to address co's capital structure and liquidity position​.Company will continue to prioritise near term liquidity, and will aim to continue to operate on a normal basis.Principles discussed in line with co's ongoing objective of managing its borrowings' maturities to optimise use of available cash​.  Full Article

Noble Group updates on proposed disposal of capital stock of Noble Americas Corp
Monday, 13 Nov 2017 07:18pm EST 

Nov 14 (Reuters) - Noble Group Ltd ::Refers to proposed disposal of all issued and outstanding capital stock of Noble Americas Corp​.Parties have entered into an amendment agreement to amend certain provisions of sale and purchase agreement.Base consideration, as at 1 July 2017, to increase from about US$202 million to US$217 million.  Full Article

Noble Group says Jeffrey Frase to resign as co-CEO
Monday, 13 Nov 2017 04:29am EST 

Nov 13 (Reuters) - Noble Group Ltd ::Accepted resignation of Jeffrey Frase as co-chief executive officer and executive director of Noble Group effective 13 November​.William Randall to serve as chief executive officer and continue as an executive director​.Frase to resign as co-CEO and global head of Oil Liquids​.  Full Article

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Noble Group to sell four ships to cut debt

Struggling commodity trader Noble Group Ltd said on Wednesday it would sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running.