The Business Times
business-time-50

Noble saga: Ball is in regulators' court

google-preferred-sourceAdd BT as a preferred source
Published Mon, Apr 20, 2015 · 09:50 PM

    A HEADLINE in The Business Times on Saturday reads: "Noble dodges accounting queries at AGM". For 90 minutes, Noble Group founder and chairman Richard Elman "repeatedly dodged shareholders' queries on the group's accounting practices ...".

    How can it be that for more than two months Noble continues to refuse to provide details of its finances to the owners of the business and show such disregard for their interests?

    I have long been sceptical of the finances of Asia's commodity traders as a result of their opaque finances and dependence on short-term financing.

    TRENDING NOW

    The proposed transaction also involves the sale of associated trademarks across Singapore, Malaysia and Myanmar.

    Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain

    The SCCCI’s annual survey reveals what headline GDP misses: Businesses are operating, but with less room to absorb shocks.

    Singapore’s AI boom is lifting GDP. Who gets carried along?

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    On Wednesday (Aug 19), the 79-year-old stepped down as chairman of the National Wages Council with immediate effect for “personal reasons”.

    From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More