Noble Group

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Noble Group Limited
Type Public
Traded as SGX: N21
Industry Conglomerate
Founded 1986
Headquarters Hong Kong
Key people Richard Samuel Elman (Chairman), Yusuf Alireza (CEO)
Products Agriculture, Energy, Metals, Minerals, Logistics
Revenue US$ $94.04 billion (2012)[1]
Employees 15,000 (2012)
Website www.thisisnoble.com

Noble Group Limited (SGX: N21) manages a portfolio of global supply chains covering a range of agricultural and energy products, as well as metals, minerals and ores. Operating from over 140 locations and employing more than 70 nationalities,[2] Noble facilitates the marketing, processing, financing and transportation of essential raw materials. Sourcing bulk commodities from low cost regions such as South America, South Africa, Australia and Indonesia, the Group supplies high growth demand markets, particularly in Asia and the Middle East. In order to ensure the integrity of its supply chains, the Group has a portfolio of interests in strategic logistics and processing assets which form an integral part of facilitating its key trade flows. The company is ranked number 76 in the 2013 Fortune Global 500.[3] The company is currently incorporated in Bermuda.[4]

Ratings[edit]

In late 2009, Noble achieved "Investment Grade" ratings (Baa3) from Moody's Investors Service and (BBB-) from Standard & Poor's, complementing its initial "Investment Grade" rating (BBB-) from Fitch the previous year. In addition, Noble Group is among the 30 securities listed on the Straits Times Index.

Timeline of Investments[edit]

2009[edit]

In 2009, Beijing's sovereign wealth fund, China Investment Corp, took a 14.9% stake (573 million shares) in the company for USD850 million.[5]

2011[edit]

In 2011, Korea's sovereign wealth fund, Korea Investment Corp, bought 59.3 million shares worth SGD 132 million.[6]

References[edit]

External links[edit]