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Noble continues to have support of bankers: CEO

Published Thu, Jan 28, 2016 · 09:50 PM

Singapore

NOBLE Group said on Thursday that it continues to have the support of its bankers as it secured shareholders' approval to sell its remaining stake in its agriculture unit in a bid to strengthen its balance sheet and boost its liquidity position.

"Our banks continue to be supportive," said its CEO, Yusuf Alireza, in response to a question at a special general meeting. "We're in a position where we have the liquidity, and also have the support of the banks to continue to fund our business."

Mr Alireza also expressed confidence in the group's abi…

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