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Noble Group shares sink to a 17-month low

Comeback bid grinds to a halt as stock resumes fall in the wake of refinancing report

Published Wed, Mar 11, 2015 · 09:50 PM

    Singapore

    THE comeback bid by Noble Group came to a grinding halt this week as falls three days in a row brought the stock to a 17-month low of 92 Singapore cents on Wednesday.

    The stock had last week staged an 8.2 per cent rebound to S$1.055 on buying support by management and as the company refuted comments by little-known Iceberg Research on its accounting practices.

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