Noble Group

In print this week

Former Temasek director Michael Dee calls for forensic accountant to look into Noble

SINGAPORE (Aug 27): Shares in debt-laden commodities supplier Noble Group were up 33.9% in the week before a key vote on its restructuring. The Straits Times Index had gained 1.3% in the same period. Noble’s rebound may have been driven by Deutsche Bank

Management & Corporate Governance

Richard Elman says won’t take up directorship at new Noble; Deutsche Bank confirms bid to buy bonds

SINGAPORE (Aug 20): Richard Elman, the founder of Noble Group, will not take up the position as an executive director of the embattled commodities trader after its restructuring.

In print this week

Iceberg's Vagner slams Noble restructuring, calls securities holders to join in lawsuit

SINGAPORE (Aug 20): In June 2013, Arnaud Vagner was fired from his position as senior credit analyst at commodity trader Noble Group. He says it was not till after he left, however, that he began to take a closer look at Noble’s financials. That was whe

In print this week

What does Iceberg's Vagner have to say about Noble's restructuring?

SINGAPORE (Aug 17): Arnaud Vagner was fired from his position as senior credit analyst at commodity trader Noble Group in June 2013 and it was only after he left that he began to take a closer look at Noble’s financials, uncovering misrepresentations in

Management & Corporate Governance

Arnaud Vagner, the mystery man who triggered Noble's collapse

(Aug 16): Arnaud Vagner has been a mystery for more than three years.

In print this week

Questioning Singapore's corporate governance standards

SINGAPORE (June 29): Poor corporate governance recently became an issue at a number of locally listed companies, both large and small.

Noble up 30% on securing trade finance facilities, debt restructuring plan

SINGAPORE (June 22): Debt-laden commodities trader Noble Group said on Friday it had secured US$100 million ($136 million) in trade finance facilities from a group of investors, winning fresh support for a US$3.4 billion debt restructuring plan that is ke

Noble Group paves way for debt deal with Goldilocks agreement: Update

(June 20): Embattled commodity trader Noble Group reached a deal with dissident shareholder Goldilocks Investment Co. over its planned US$3.5 billion ($4.7 billion) debt restructuring, agreeing to boost the holding in the new company that stock investors

Noble Group halts shares as restructuring hangs in balance

SINGAPORE (June 18): Noble Group suspended its shares in Singapore on Monday pending an announcement, as efforts to get shareholder agreement on its controversial US$3.5 billion ($4.7 billion) debt restructuring plan drag on longer than expected.
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