|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.12 - 0.14|
|52-week range||0.12 - 0.14|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Noble Group is closing down its London oil desk and winding down its Asia oil operations, sources familiar with the matter said, as heavy losses and high debt force what was once Asia’s biggest commodities trader to restructure. Since then, Noble has been winding down its remaining oil trading operations in London and Singapore, with many key traders leaving to join competitors. Owners of Housing and Development Board (HDB) flats who are finding it hard to dispose of their units due to the ethnic integration policy (EIP) can ask for an extension of time, revealed Minister for National Development Lawrence Wong in Parliament on Tuesday (9 December).
Troubled Asian commodity merchant Noble Group said on Monday the final price for the sale of its American power and natural gas unit to rival trading house Mercuria was US$168m. According to Alan Cheong, Savills Singapore’s senior director, the historical length of a property bull market is around 17.6 quarters. Three new roads in Bidadari estate – Bidadari Park Drive, Alkaff Crescent and Woodleigh Link – will be partially opened on 14 January (Sunday) to serve the upcoming developments within the estate, revealed the Housing and Development Board (HDB).
Noble Group (Noble) inked a memoranda of agreement (MOA) with four companies to sell its four Kamsarmax dry bulk carrier vessels for $127.92m (US$95m). According to an announcement, the vessels, namely, Ocean Ambition, Ocean Forte, Ocean Integrity, and Ocean Vision, are registered under the flag of Hong Kong. The sale of the vessels is part of its ongoing restructuring to clear debt and lift the business, Noble said.
The base asking price is at $16.83m. Noble Group is selling its US-based ethanol producer Noble Americas South Bend Ethanol LLC (NASBE) for $16.83m (US$12.5m). According to an announcement, the gross consideration ...
Crisis-hit commodities trader Noble Group said Thursday its net losses for the first nine months of 2017 were over $3.0 billion, a fresh blow as it sells off assets in a fight for survival. The company ...
It wants to rebuild after mismanagement challenges. Noble Group sold its American unit Noble Americas Corp. (NAC) to Vitol US Holding Co. and Euromin Inc. for a total consideration price of US$1.42b. According ...
Embattled commodities trader Noble Group announced Monday the sale of its American oil-liquids business to Vitol Group and warned of a third-quarter loss of up to $1.25 billion. Singapore-listed Noble ...
The sale is expected to help Noble reduce its debt levels. Around 99.8% of Noble Group's shareholders agreed to sell its North American gas and power unit to Mercuria Energy Group. According to KGI, the ...
From AFP News via Yahoo!: Shares in troubled commodities trader Noble Group plunged at much as 49 percent Thursday after it warned of a quarterly loss of up to $1.8b and announced further asset sales as the firm struggles for survival. Noble, which is based in Hong Kong but listed in Singapore, posted a loss of $130m in the first quarter. From Shares Investment via Yahoo!: After suffering from weakness in tourist arrivals and rising supply of hotels, the hospitality sector in Singapore seems to be on track for recovery this year.
Fitch just downgraded Noble's rating. CNBC reported that Fitch Ratings has issued a widespread downgrade to Noble Group, as poor liquidity and weak profitability continue to hinder the turnaround of the struggling commodities trader. "The downgrade follows continued uncertainty regarding Noble's funding capacity and how this will affect its operation at its current business scale," Fitch Ratings said as quoted by CNBC.