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Noble shares rise on financing, investment possibilities

Tue, Aug 04, 2015 - 5:50 AM

Andrea Sohsandrea@sph.com.sg@AndreaSohBT

Noble has said that a disgruntled former employee in its credit department is the person behind Iceberg, and has started legal action against him in Hong Kong.

PHOTO: REUTERS

Singapore

NOBLE Group on Monday revealed that it has been approached by several parties with financing, strategic and investment options, but said that there is no guarantee of any transaction in the near future.

The revelation caused the battered stock to rebound by as much as 8.8...

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