SINGAPORE:Embattled commodity trader Noble Groupon Wednesday (Nov 21) said it would continue with its plans to restructure, despite noting an investigation by Singapore authorities into suspected disclosure breaches by the firm.
Noble said in a statement that it and its unit Noble Resources International (NRI) had received correspondences from Singaporean authorities regarding their investigation into suspected false and misleading statements made by the companies.
The firm said it would cooperate fully with the authorities in their investigation, which was launchedjust days before the Singapore-listed company was to complete its US$3.5 billion debt restructuring deal to prevent its collapse.
Noble Grou…
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