SUBSCRIBERS

Noble shares rebound on Elman's pledge to 'right the damage'

Published Thu, Jun 11, 2015 · 09:50 PM

Singapore

SHARES in Noble Group have rebounded after its founder said the commodity trader will "right the damage" and do its best to restore the share value, even as a rating agency revised its outlook on Noble from "stable" to "negative".

In his first public comments since Noble's annual general meeting in April, Noble's chairman Richard Elman appealed to shareholders and staff to be patient with the company.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here