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Noble Group: May Spin Off And List Agriculture Business On Singapore Exchange

Published Tuesday, 4th October 2011 08:51 pm - © 2011 Dow Jones

SINGAPORE -(Dow Jones)- Noble Group Ltd. (N21.SG) said Tuesday it is considering a spin off and primary listing of its agriculture business on the main board of the Singapore Exchange.

The Singapore-listed commodities supplier has filed an application in relation to this possible listing, but has yet to make a final decision on the matter, it said in a statement.

Noble's decision on the listing will be subject to market conditions and regulatory approvals, it added, without providing further details on the plans.

--By Chun Han Wong, Dow Jones Newswires;+65 64154 160;

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