SINGAPORE - Embattled Singapore-listed commodity trader Noble Group announced on Tuesday (Mar 22) that its annual general meeting (AGM) will be held on April 14 at 10 am.
The AGM will be held at Summit 1 at level three of the Suntec Singapore Convention and Exhibition Centre.
Shareholders will vote on matters such as the re-election of chairman Richard Elman and vice-chairman David Eldon.
They will also be asked to approve directors' fees of US$770,000 (S$1.05 million) for the financial year ended Dec 31, 2015, and to re-appoint EY as comany auditor.
Other special matters to be voted on include the proposal that the firm's directors be given the authority to issue shares. Noble is proposing to issue shares of 25 HK cents, or to make offers or options that would require such shares to be issued, at any time which the directors deem fit.
On Monday, a Hong Kong court rejected a bid by the Singapore-listed firm for summary judgment against former employee Arnaud Vagner and his firm, said to have published the controversial Iceberg reports on Noble.