Saturday 20 Apr 2024
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SINGAPORE (April 5): Singapore Exchange Regulation (SGX RegCo) says Noble shareholders should be able to vote freely in the group’s primary restructuring plans without being treated unfairly.

In addition, how a shareholder votes on the primary restructuring should not have a bearing on whether he would be entitled to receive shares in the new company under the alternative restructuring.

“SGX RegCo is of the view that shareholders should have the freedom of choice in voting on the primary restructuring,” says the regulator in its review of the Restructuring Support Agreement (RSA) entered into between Noble and certain senior creditors... (Click here to read the full story)

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