Noble Group gives details of US$428m loss from exceptional items after SGX queries
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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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