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AGM WATCH

Noble's resolution passed despite massive walkout

Saturday, April 29, 2017 - 05:50

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Noble Group's shareholders leave the meeting in a huff as its chairman rejected requests for the share consolidation resolution to be postponed. 

Singapore

A MASSIVE number of shareholders walked out of Noble Group's special general meeting (SGM) on Friday in protest against its share consolidation move, after their request to have the resolution postponed was rejected. Still, the resolution was passed, with 99.73 per cent of votes

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