Noble Group: Shareholders Reject Gloucester Coal Sale To Macarthur Coal
19 Abril 2010 - 5:04AM
Dow Jones News
Commodity trader Noble Group Ltd. (N21.SG) said its shareholders
Monday rejected a proposal to sell Gloucester Coal Ltd. (GLC.AU) to
Macarthur Coal Ltd. (MCC.AU).
"The board announces that the resolution relating to the matter
set out in the notice dated April 1 of a special general meeting
was not approved by shareholders," Noble said in a statement.
The notice sought shareholders' approval to sell Gloucester Coal
to Macarthur and the acquisition of Macarthur shares by Noble.
-By P.R. Venkat, Dow Jones Newswires; +65 64154 152;
venkat.pr@dowjones.com
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