Richard Elman

Back from the brink: How Noble Group was saved from an Iceberg collision

(Sept 5): In May 2017, Paul Brough had just assumed the chairmanship of Noble Group and immediately faced a room full of angry bankers demanding their money back from the struggling commodity trade

Noble Group's shareholders vote in favour of debt restructuring

(Aug 27): Embattled commodity trader Noble Group took a significant step toward getting its US$3.5 billion ($4.8 billion) debt-for-equity restructuring over the line after shareholders voted to bac

In print this week

Former Temasek director Michael Dee calls for forensic accountant to look into Noble

SINGAPORE (Aug 27): Shares in debt-laden commodities supplier Noble Group were up 33.9% in the week before a key vote on its restructuring.

Management & Corporate Governance

Richard Elman says won’t take up directorship at new Noble; Deutsche Bank confirms bid to buy bonds

SINGAPORE (Aug 20): Richard Elman, the founder of Noble Group, will not take up the position as an executive director of the embattled commodities trader after its restructuring.

Noble Group plunges to record low as rescue deal is elusive

SINGAPORE (June 14): Shares of Noble Group, the commodity trader battling for survival, slumped to a record low as efforts to get shareholder agreement on a controversial US$3.5 billion ($4.7 billi

Management & Corporate Governance

Six burning questions Iceberg wants Noble Group to answer at 1Q18 conference call

SINGAPORE (May 15): Noble Group, the commodity trader battling for survival after losing almost $5 billion in 2017, will report 1Q18 earnings on Tuesday after market close.

Goldman, hedge funds drawn into Noble's legal battles

SINGAPORE (Apr 30): Noble Group’s dissident shareholder Goldilocks Investment Co. listed a raft of hedge funds and banks, including Goldman Sachs Group Inc.

Singapore reputation seen at risk as Noble Group fight rages

SINGAPORE (Apr 24): Noble Group dissident shareholder Goldilocks Investment Co.

Management & Corporate Governance

Noble Group amends restructuring plan as it races to get shareholder support

SINGAPORE (Apr 19): Bowing to criticism from the Singapore Exchange (SGX) and other investors, embattled Noble Group is removing a provision in its US$3.4 billion ($4.5 billion) debt restructuring

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