Noble Group gives details of US$428m loss from exceptional items after SGX queries
Singapore
BELEAGUERED commodities trader Noble Group responded to queries from the Singapore Exchange after trading hours on Thursday with regard to its US$428 million loss from exceptional items in its third-quarter results.
The group provided a breakdown of the US$428 million loss from exceptional items, primarily related to non-cash losses on non-current assets. This includes a non-cash loss resulting from the significant dilution of the group's shareholding in Yancoal Australia following Yancoal's capital- raising exercise.
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