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Noble Group
Management & Corporate Governance
Noble queries said to focus on mark-to-market gains
(Nov 27): Singaporean regulators investigating Noble Group have focused their questions so far on the company’s use of mark-to-market accounting, according to people familiar with the matter.
November 27, 2018
Management & Corporate Governance
Noble extends restructuring deadline following probe
(Nov 26): Noble Group extended the deadline for its marathon restructuring until Dec 11 to address regulators’ concerns, a week after Singaporean authorities began an investigation into the embattled commodity trader’s finances.
November 26, 2018
In print this week
Too little, too late?
SINGAPORE (Nov 23): Three years after a little-known outfit Iceberg Research accused commodities trader Noble Group of accounting deception, Singapore authorities have finally launched an investigation into the supply chain manager which is undergoing deb
November 23, 2018
Management & Corporate Governance
Noble maintains restructuring is of stakeholders' best interests, to proceed as planned amid investigations
SINGAPORE (Nov 21): Noble Group says it intends to continue pressing ahead with its debt restructuring as planned, with the best interests of its stakeholders in mind.
November 21, 2018
Management & Corporate Governance
Noble comes under investigation for potential accounting & regulatory breaches
SINGAPORE (Nov 20): Singapore authorities are launching an investigation into beleaguered commodities trader Noble Group and its wholly-owned subsidiary, Noble Resources, amid the group’s controversial debt restructuring exercise.
November 20, 2018
Management & Corporate Governance
Noble Group's top creditors seek to draw a line under crisis
(Sept 17): Noble Group Ltd. plans to introduce the schemes of arrangement that underpin its restructuring this week, a key step in the creation of a new company that senior creditors signalled will hold to the highest standards of corporate governance aft
September 17, 2018
Commentary
Noble haunted by critics invoking Enron's ghost
SINGAPORE (Sept 10): A response from Iceberg Research to a tweet about Jeff Skilling (pictured, main image) this past week alerted me to the news that the former CEO of Enron Corp had just been released from prison and relocated to a halfway house for the
September 10, 2018
Back from the brink: How Noble Group was saved from an Iceberg collision
(Sept 5): In May 2017, Paul Brough had just assumed the chairmanship of Noble Group and immediately faced a room full of angry bankers demanding their money back from the struggling commodity trader.
September 05, 2018
Management & Corporate Governance
Ex-Temasek executive warns debt deal won't fix Noble Group
(Aug 28): Noble Group’s foes aren’t going away. Less than 24 hours after the commodity trader won shareholder approval for its US$3.5 billion ($4.77 billion) debt-for-equity deal, long-standing critic Michael Dee said the revamped company will struggl
August 28, 2018
Noble Group's shareholders vote in favour of debt restructuring
(Aug 27): Embattled commodity trader Noble Group took a significant step toward getting its US$3.5 billion ($4.8 billion) debt-for-equity restructuring over the line after shareholders voted to back the controversial proposal at a special general meeting
August 27, 2018