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SIAS seeks discussion with Noble over Iceberg report

Published Fri, Feb 26, 2016 · 09:50 PM

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Singapore

THE Securities Investors Association (Singapore) (SIAS) weighed in on the continuing Noble-Iceberg saga on Friday, saying that it is alarmed by the latest Iceberg report and hopes to have a discussion with Noble's senior management soon.

The development came as Noble's shares rose 6 per cent to 35.5 cents, in spite of announcing a US$1.67 billion loss for 2015 on Thursday evening.

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