Noble says listing top execs' pay would hurt its standing

Singapore

NOBLE Group Ltd, the embattled commodity trader that's seeking to find a replacement for chairman Richard Elman, has pushed back against guidelines in Singapore for disclosing information on executives' remuneration, saying that to do so would put the company at a disadvantage.

"Many of the company's competitors are private and do not publish remuneration information, and the general sensitivity and confidentiality of remuneration matters," Noble said in a statement to the Singapore stock exchange on Tuesday, responding to a query on the data listed in its most recent annual report.