One of the world’s major commodity trading companies Noble Group made an announcement that they are in discussions with undisclosed investors over a possibility of their becoming shareholders in the company.
However, the company adds that this may or may not lead to the purchase of a major shareholding in the Group.
Noble Directors assured that the market operations of the Group remain strong and management is optimistic about the current trading conditions.
Trading of Noble shares in the SGX is currently halted due to the situation, in order to ensure no investor segment is disadvantaged.