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Noble Group's $3.5 billion restructuring at risk as authorities block new listing

Reuters  |  SINGAPORE 

By Anshuman DagaSINGAPORE (Reuters) - Noble Group's $3.5 billion debt rescue plan was thrown into doubt on Thursday when Singapore authorities said they would block the re-listing of shares in what was once Asia's top commodity trader.Singapore regulators took the decision after reviewing the findings so far of a probe into Singapore-listed Noble by Singapore police, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA).MAS, the city-state's central bank, and Singapore Exchange regulators concluded that "there are significant uncertainties ...

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First Published: Fri, December 07 2018. 06:36 IST
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