Goldilocks says Noble's response 'appears designed' to discredit fund
Abu Dhabi fund says it requested for board seats to ensure transparency, protect equity holders' rights, and look into company's long-term survival
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Singapore
NOBLE Group's spat with one of its major shareholders continued on Thursday, as Goldilocks Investment Company denied it made demands for two board seats as a pre-condition to any restructuring or financial proposals.
Noble's suggestion that Goldilocks took advantage of its financial situation to do so is "misleading", the Abu Dhabi-based fund said in a statement.
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