All resolutions passed at Noble's AGM despite spate of scandalous reports

Its financial statement will be adopted.

Despite the havoc wreaked by a series of reports from infamous short sellers, Noble Group still managed to pass all resolutions at its annual general meeting (AGM) today.

Shareholders overwhelmingly voted to receive and adopt the group’s audited financial statements, as well as the reports of the directors and auditors for FY14.

Unitholders also agreed with the re-appointment of several directors to their posts, as well as the re-appointment of Ernst & Young as the company's auditors.

However, other resolutions received lukewarm agreement from shareholders. Only 60.60% agreed to authorise the directors to allot and issue shares, while only 68.49% agreed to allow directors to grant awards and to allot and issue shares pursuant to the Noble Group Performance Share Plan.

Other resolutions which received lukewarm shareholder agreement included allowing directors to grant share options and to allot and issue shares pursuant to the Noble Group Share Option Scheme 2014 and pursuant to the Noble Group Restricted Share Plan 2014.

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