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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

Published Thu, Feb 1, 2018 · 09:50 PM
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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.

"This takes one …

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