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Noble rejects fresh allegations over accounting policies

Singapore Business Review

It has been hit with a trading query.

Noble Group has rejected fresh allegations over its accounting policies in a statement to the SGX.

Following queries on its trading activity, Noble Group categorically denied Muddy Waters Research’s allegations regarding its financials.

Noble also noted that Muddy Waters Research has publicly stated that it has taken a short position in the group’s shares.

Short seller Muddy Waters issued a report on Noble Group this morning, just weeks after Noble suffered sell-offs after Iceberg REsearch’s allegations.



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