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
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1 hour ago
Hi there!
ReplyDeleteI'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