Goldilocks ups stake in Noble to 8.19%
Raising of holding by Abu Dhabi firm explains stock's surge on July 6
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CONFIRMING market speculation, struggling commodity trader Noble Group said on Monday that Abu Dhabi's Goldilocks Investment Company has further raised its substantial stake in the firm.
In a filing on Singapore Exchange (SGX) after market close, Noble said that Goldilocks' direct interest in the group has expanded from 5.03 per cent to 8.19 per cent, after buying 41.6 million shares for S$23.2 million via a market transaction on July 6.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
