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Noble Group ends above theoretical ex-rights price

Counter was the most active, with some 226m shares changing hands

Anita Gabriel

Published Tue, Jun 28, 2016 · 09:50 PM

Singapore

NOBLE Group shares closed trading on Tuesday at S$0.18 apiece on an ex-rights basis. This was up 10.8 per cent from its theoretical ex-rights price of S$0.1625.

The stock of the beleaguered commodities group had closed at S$0.215 on Monday. Since its one-for-one rights issue was at S$0.11 per rights share, this worked out to the theoretical ex-rights price of S$0.1625.

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