Not too long ago, articles were circulating about Noble’s recent annual general meeting. (read
here,
here and
here) It was reported in some articles that Noble management
“repeatedly dodged shareholders’ queries on the group’s accounting practices”.
The company needs “to do a lot more” to improve its transparency, according to Noble shareholder Mano Sabnani, who also attended the meeting. That would help investor confidence, he said.
“I’m not satisfied,” said Yew Soon Tieh, who said he owns 3,000 Noble shares. “They’re trying to evade questions.”
I was reading the
transcript of the AGM and found the following portions of the conversation interesting:
Richard Elman, Noble Group Limited – Chairman “Excuse me, can I answer the question. I think we’ve been very, very clear. This meeting is not to discuss what other people are saying or blogging about Noble. And we ...
...
