Noble Group shareholders approve $500m rights issue
It garnered 98.87% of votes.
Noble Group's shareholders have approved the company's plan to raise up to $500 million in a one-for-one rights issue.
The rights issue was first announced early in June. Proceeds will be used to further reduce Noble Group's debt.
The rights issue will be carried out at 5:00 PM on June 30 2016, at an issue price of $0.11 for each rights share.
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