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Noble sells stake in Indonesia coal services firm for US$1

The value of PT BSM, a coal logistics service firm, has been hit by weak coal prices
Friday, June 23, 2017 - 05:50

Singapore

STRUGGLING commodity trader Noble Group has sold off its 45 per cent stake in an Indonesian coal logistics service firm for US$1 - a consideration arrived at by taking into account the disposal of a non-core business, said the group in an exchange filing on Thursday.

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