The market reacted immediately on Thursday morning, with Noble Group share price plunging by as much as 49% to $0.295. The counter recovered to close at $0.395 at the end of the trading day.
Record loss
The amount certainly blew me off and made me blinked twice. USD1.8 billion is a colossal amount of money. We are talking about losing
USD1,800 million for
one single quarter. Translated into Singapore dollar, that would mean SGD2,400 million. Make no mistake, founder Richard Elman has previously ......