Noble Group

Founded in Hong Kong in 1986, Noble Group manages a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing, and transportation. It owns strategic assets such as coal and iron ore and grain crushing plants and infrastructure and sources from low-cost producers in Brazil, Australia and Indonesia, and supplies high-growth, high-demand markets in China, India and the Middle East.

 

Richard Elman finds Noble Group successor

Richard Elman, the chairman of Noble Group , is preparing to step back from the daily operation of his company. Photo: Bloomberg

Richard Elman, who got his start as a scrap metals labourer before creating Asia's top commodities trader by revenue, surrounds himself with reminders of his hard-won success.

Saturday, 10 November, 2012, 5:04am

Business Digest, November 9, 2012

Melco profit falls as mainlanders pull back

Noble quarterly profit misses estimates

9 Nov 2012 - 3:59am

Record revenue boosts Noble Group profit 71pc

Noble Group, the Hong Kong-based commodities group, saw net profit surge 71 per cent to US$343 million in the first six months of this year on the back of record group revenue and higher commodity prices and volumes.

12 Aug 2011 - 12:00am

Noble Group and Korean fund link up

Noble Group plans to seek joint investment opportunities with South Korea's sovereign wealth fund after the Korea Investment Corporation (KIC) took a stake in the Hong Kong-headquartered, Singapore-listed commodities group.

3 May 2011 - 12:00am

Noble seeks new prizes to satisfy China needs

The cash-rich raw materials merchant and logistics firm is looking for assets

The Noble Group intends to stay on the acquisition trail this year to meet the growing global demand for raw materials and the transport services that bring those goods to market, according to chief executive Richard Elman.

24 Feb 2005 - 12:00am

Noble thrives in Singapore debut

Hong Kong-based Noble Group, which pulled its shares off the Hong Kong exchange last year, debuted in Singapore yesterday with a 10.8 per cent rise.

The metals company found a better reception in Singapore 'because investors there seem to have a better understanding of industrial companies', chairman and chief executive Richard Elman said.

15 Mar 1997 - 12:00am

Noble offer

Metals and commodities trader Noble Group, delisted in the territory last year, says 6.08 million shares offered to the public in Singapore has been 18.8 times subscribed.

14 Mar 1997 - 12:00am

Withdrawal of Noble shares

Noble Group is voluntarily withdrawing its 320 million shares from the Stock Exchange of Hong Kong after only 19 months' trading.

Anglo Chinese Corporate Finance is making a conditional cash offer for Noble's shares at $2.05 each on behalf of an unnamed consortium.

This represents a premium of 12 per cent to its closing share price of $1.83 on March 12.

25 Mar 1996 - 12:00am

Noble chiefs plan buyout

Two executive directors of Noble Group are spearheading an effort to buy up all of its issued share capital, withdraw the company from the stock exchange and possibly relist it elsewhere.

14 Mar 1996 - 12:00am

Noble logs 119pc gain

SHIPPING company Noble Group has reported a 119 per cent increase in attributable profit to $77.47 million for the six months ended June.

Turnover was up 51 per cent at $2.2 billion.

Earnings per share rose to 24.18 cents from 14.27 cents. Directors recommended an interim dividend of 2.3 cents a share.

19 Sep 1995 - 12:00am

Noble group acquires carrier for US$6.5m

COMMODITY trader and ship operator Noble Group has completed negotiations to acquire its third vessel, the 64,816 dwt Marianne I, for US$6.5 million.

The dwt dry bulk carrier is the group's third second-hand acquisition after going public last year.

The purchase of the vessel, built in 1974, will be financed by international resources and bank loans.

10 Apr 1995 - 12:00am

Noble closes 2pc up on first day

SHARES in newly listed Noble Group finished two per cent higher on the first day of trading yesterday.

The counter closed two cents above its issue price at $1.05.

Turnover was $14.36 million on 13.59 million shares traded, representing 4.89 per cent of issued capital.

9 Jun 1994 - 12:00am