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Noble's improved terms for shareholders leave Goldilocks unimpressed

Abu Dhabi fund says it is "nothing more than window-dressing" and show of arrogance

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Noble said on Wednesday it has signed a restructuring support agreement with an expanded group of creditors, after tweaking the terms for its management and perpetual bondholders.

THE sweetened terms in Noble Group's restructuring plan cut no ice with a major shareholder, with Goldilocks Investment Company warning on Thursday that it will escalate the matter.

Noble's shares fell 1.5 cent, or 8.9 per cent, to 15.3 Singapore cents on Thursday, erasing the gains it

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