Noble Group's potential Agriculture JV still only in discussion stages

No binding agreements as of yet.

Reacting to a Reuters media report, the board of directors of Noble Group Limited has advised and clarified that the company is currently engaged in discussions with a consortium in relation to a potential joint venture around Noble Group's Agriculture business.

"However, no binding arrangements have as yet been entered into with respect to this transaction and, accordingly, there can be no assurance that this transaction will be concluded," the board of directors also said.

"As there is no certainty as to whether the joint venture may be established, shareholders and potential investors are advised to exercise caution when dealing in the shares of Noble Group," the board further clarified.