The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$12.6 million ($9 million) on Noble Group Limited (OTC: NOBGF) for publishing misleading information in its financial statements, a statement said.
Activist investor Dan Loeb is the Chief Executive Officer and founder of hedge fund Third Point Management, which has recently opened a stake in The Walt Disney Company (NYSE: DIS) of 1,000,000 shares.