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Noble warns noteholders against winding-up move

It says it'll be 'very difficult' process; more parties dump shares

Published Thu, Mar 22, 2018 · 09:50 PM

Singapore

NOBLE Group warned noteholders who do not support its restructuring plans that they are likely to find it "very difficult" to successfully wind up the company.

The commodity trader also said in an exchange filing on Thursday that it will likely be able to continue as a going concern, as there are reasonable grounds to expect its restructuring to be successfully implemented.

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