Noble Group under probe


SINGAPORE: Commodity trader Noble Group Ltd and one of its units are being investigated by the authorities in Singapore for suspected false and misleading statements and breaches of disclosure requirements under the Securities and Futures Act and potential non-compliance with accounting standards.

The probe is being conducted by the Commercial Affairs Department (CAD), the Monetary Authority of Singapore (MAS), and the Accounting and Corporate Regulatory Authority, the agencies said in a statement.

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