Noble still seeking strategic investor, expects to take up to 2 years to return to profit
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NOBLE Group Ltd is still seeking a strategic investor as the founder and chairman of the embattled Asian commodities trader says it will take as many as two years for a return to profit. Shares rallied.
"A strategic partner is still very possible," Richard Elman, who is due to stand down as executive chairman by June, said at the company's headquarters in Hong Kong. "But it has to be at the right time and the right candi-date."
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