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SGX asks Noble to seek IFA opinion on restructuring plans

On Jan 29, 2018, Noble announced that it had entered into a principle agreement with an ad hoc group of Noble's senior creditors for a restructuring of Noble's existing debts.


THE Singapore Exchange (SGX) on Thursday has directed commodity trader Noble Group to appoint an independent financial advisor (IFA) to assess whether the group's proposed restructuring and the resultant allocation of shares to the shareholders, management and senior creditors...