Singapore trader and bulker owner Noble Group is making a last-ditch court bid to save its huge $3.5bn debt restructuring - and warned that liquidation looms if it fails.
Last week, the company was blocked from transferring its listing status to a new company (New Noble).
The Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX Regco) said there were “significant uncertainties” about the financial position of New Noble.
