SINGAPORE – Noble Group’s major shareholder Goldilocks Investment Company is calling on Noble’s stakeholders to collectively oppose the commodity trader’s approach to its restructuring plans.
Goldilocks issued that statement on Friday (Feb 9), following Noble’s Feb 5 rejection of its request to be released from non-disclosure arrangements surrounding discussions on Goldilocks’ demands for two board seats. Noble cited “extensive and confidential information” that had been shared with Goldilocks under the non-disclosure agreement.
Goldilocks, which owns 8.1 per cent of Noble, said that it has not received a direct reply from Noble on the release request. Without that release, the shareholder argued that it cannot present a com…
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