Noble Group (N21.SG) is off 2.6% at $2.95 as investors lighten positions ahead of supply chain manager’s 1Q10 results due Thursday, mull impact of Australia’s recent proposed tax reform for resources industry, according to Dow Jones.
Posts Tagged ‘noble group’
Noble’s Turkey unit secures $42m loan from European Bank for Reconstruction and Development
March 30th, 2010 |
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Noble Hammadde Ticaret AS, a grain and oilseeds business operating in Turkey and a wholly-owned subsidiary of global supply chain manager Noble Group (SGX: N21), has secured a US$30 million ($42 million) loan from the European Bank for Reconstruction and Development (EBRD) to support the company’s further development.
Noble off 0.9%; chance to buy emerges: OCBC
March 25th, 2010 |
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Investors are still wary of Noble Group (N21.SG) after vice-chairman Harry Banga’s sale of 115 million shares at $3.10, which sent stock down 3.6% to three-week low yesterday, reports Dow Jones.
Noble off 3%; valuations still unattractive, says Credit Suisse
March 24th, 2010 |
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Noble Group (N21.SG) was the most active stock on SGX with over 137 million shares changing hands, driven by married deal of 115 million shares placed out at $3.10 each by supply chain manager’s vice-chairman Harry Banga, reported Dow Jones Newswires.
Noble Group drops after vice-chairman sells shares at discount
March 24th, 2010 |
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Shares of Noble Group dropped by most in five weeks after its vice-chairman Harry Banga sold 115 million shares at $3.10 each to institutional investors. Noble fell 2.4% to $3.23 as of 9:11 a.m. in Singapore, the most decline since Feb 18.
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Noble charters Aframax to store diesel off Europe
December 8th, 2009 |
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Singapore-listed commodities and energy firm Noble Group (NOBG.SI) has time-chartered an Aframax, Torm Mathilde, to store diesel for the first time in its maiden voyage to Europe, trading and shipping sources said on Tuesday.
The Torm Mathilde is the latest addition to the rising volumes of distillates being stored at sea, mainly off Europe, which are estimated to hit 100 million barrels by January.
Noble Group boosts revolving loans to US$2.4b
October 28th, 2009 |
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Noble Group, the Hong Kong-based supplier of raw materials from soybeans to sugar, said it increased a revolving loan facility by a third to US$2.4 billion ($3.4 billion) after “exceptional” interest from lenders.
The company initially sought to extend an existing US$1.2 billion line of credit for an additional one- and two- years and to add a new one-year US$600 million loan, it said in a stock market filing today.
STI falls 5.01 to 2,619.03 on opening
July 29th, 2009 |
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Singapore’s benchmark stock index, the Straits Times Index, fell 0.19% at 9:05 a.m.
The index of 30 companies traded on Singapore Exchange fell 5.01 to 2,619.03. Among the stocks in the index, 9 rose, 16 fell and 5 were unchanged.
Declines in the Straits Times Index were led by DBS Group Holdings, United Overseas Bank and Noble Group. About 106.09 million shares changed hands in Singapore.
Businessbriefs
November 12th, 2007 |
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hyflux doubles q3 profit
Water-treatment firm Hyflux’s third-quarter net profit climbed to $4.2
million from $1.9 million a year earlier, while revenue rose to $51.9
million from $29.4 million. Hyflux’s China operations contributed about
68 per cent to its revenue while sales in the Middle East and North Africa
accounted for 27 per cent.
Noble group triples Q3 profit
Noble Group’s net profit nearly tripled to $60.6 million in the third
quarter from $23.5 million a year earlier because of rising demand for
commodities. A recent expansion in its operations – to take advantage of
low production costs in source markets – and its shipping fleet also
helped its bottom line. Turnover of the energy segment, Noble’s largest
business, rose to $2.2 billion from $1.8 billion on higher returns from
clean fuels, coal, coke and carbon credits activities. – AGENCIES