I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Tuesday, 23 March 2010

Noble Share Placement @ $3.10

In keeping with previous announcements made regarding Noble’s Vice Chairman Harry Banga’s intention to withdraw in June from day-to-day executive responsibilities, today it was announced that Mr. Banga had, for the first time, sold shares in Noble. The placement of 115,000,000 shares was priced at 3.10 Singapore dollars per share and was fully underwritten by Citigroup Global Markets Pte. Ltd. and Goldman Sachs (Singapore) Pte. and placed at the close of trading with a broad spread of institutional investors.

Mr. Banga underscored that the sale was his first ever of Noble shares and was made for purposes of estate planning and he remained committed to the company, optimistic about the future, and confirmed his intention to remain on the board of Noble for the foreseeable future
Posted by Createwealth8888 at 22:06
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1 comment:

  1. Royston23 March 2010 at 22:09:00 GMT+8

    Hi there!

    I'm compiling a list of Singapore Investment Bloggers...

    http://sginvestbloggers.blogspot.com/

    Have added your site to the list, appreciate if you can create a link to the site.

    Cheers,
    Royston

    ReplyDelete

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