Energy & Offshore
Noble's altered restructuring deal still not enough for shareholders: Goldilocks
Noble's altered restructuring deal still not enough for shareholders: Goldilocks
Noble raised their current shareholders' stake from 10% to 15% in the post-restructuring company.
Noble raises shareholders' stake in post-restructuring company to 15%
The allocation is "fair to all shareholders," said founder Richard Elman.
Daily Briefing: 75% of Noble creditors commit to restructuring deal; Why MAS has no key rate
And here is a Singaporean venture capitalist's investment in an Irish "agtech" firm.
Noble gets 70% of creditors to commit to restructuring
But concerns arise as its founder Richard Elman is pushing for a new restructuring.
Keppel O&M to build Singapore's first dual-fuel bunker tanker
It signed a contract with Mitsui AP with an option to order another similar tanker.
Keppel bags contracting deal with KrisEnergy
It will be selected as the preferred contractor for the construction of KrisEnergy’s fuel barges.
Goldilocks slams Noble's new board appointments
It questioned the three new UK-based directors, which were had no experience in Singapore companies.
Iceberg Research urges stakeholders to sue Noble
It attacked the restructuring proposal’s legal release clause and said it has “zero chance” of success.
SGX RegCo urges Noble creditors to reconsider restructuring deal
It said shareholders’ votes on the deal should not affect their entitlement to get shares in the restructured company.
Noble bows out of paying for US$1.1b revolving credit facility
But it has now raised the support for its restructuring agreement to 55%.
Indonesian coal producer slaps Noble with lawsuit
It is seeking a compensation of US$260m.
Noble slams creditors' lawsuit attempts
This follows Goldilocks’ filing of a lawsuit against the company.
Noble in trouble with $379m bond default
Still, it expects more support from senior creditors for its restructuring.
Richard Elman's resignation ‘a new dawn' for Noble: Goldilocks
The fund said there’s a chance to renew the board to protect stakeholders’ interests.
Noble founder Richard Elman resigns
This follows top shareholder Goldilocks filing a lawsuit against him and the company.
Daily Briefing: SPH Magazine slashes staff count by 20%; Goldilocks attacks Noble with lawsuit
And here’s what you need to know before you expand your startup.
Prudential and Orbis sell 42 million shares in Noble
$5.5m worth of shares were sold in less than a week as Noble approaches a bond default.
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