Noble Group dissolves subsidiary in France
Find out the reason behind.
In a release, Noble Group Limited announced that Noble Chemicals France, a wholly-owned subsidiary incorporated in France, has been dissolved as of 8 February 2013.
Noble Chemicals France had a negative book value and negative net tangible assets of US$1,335,906 as at 30 September 2012.
The above transaction does not amount to a discloseable transaction for the purposes of Chapter 10 of the SGX-ST Listing Manual.