General Announcement::SGX welcomes Noble Group's initiative to increase transparency

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-Jul-2015 14:31:56
Status
New
Announcement Sub Title
SGX welcomes Noble Group's initiative to increase transparency
Announcement Reference
SG150707OTHR7Z6R
Submitted By (Co./ Ind. Name)
Patricia Choo
Designation
Head of Media Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange ( SGX ) welcomes Noble Group s decision to commission a third-party review of its Mark-to-Market models and valuations. This will address and help bring closure to questions raised by the market on this issue.

SGX has been monitoring public comments and Noble Group s responses. We have been in close communication with the Company on meeting the needs of its stakeholders and we look forward to the Company s release of the results of the third-party review.

SGX will continue to monitor the situation and request for further clarity, if necessary.

Attachments