Noble's creditors not its economic owners, and liquidation not the only other option: Goldilocks

Singapore

GOLDILOCKS Investment Company on Thursday rubbished Noble Group's argument that its senior creditors are its economic owners, and that liquidation is the only way out if the group's primary restructuring plan fails and there is no alternative restructuring plan.

The commodity trading group also has not explained why an administration process in the UK would be better than judicial management in Singapore where Noble has real connections and investors, the Abu Dhabi fund also said.