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Cofco president joins Noble board; group unveils further buyback

Patrick Yu becomes a non-executive director to replace retired Li Rongrong; market acquisition of 14 million Noble shares for S$9.75m on Tuesday

Mr Elman has said in an open letter that the group would "right the damage and will use all our efforts to recover the share value".


NOBLE Group has roped in Patrick Yu Xubo, president of China's state-owned food-processing company Cofco Corporation, as a non-executive director, bringing the number of board members to 13, including nine independent non-executive directors. The appointment of Mr Yu, 49, took