Dubai – Mubasher: Goldilocks Investment Co, a subsidiary of Abu Dhabi Financial Group (ADFG), increased its stake in Hong Kong-based commodity trader Noble Group Ltd, according to Bloomberg.
Accordingly, ADFG raised its stake to 8.19% from 5.03% after adding 41.6 million shares on 6 July, which makes it the fifth largest shareholder after China Investment Corporation (CIC), according to a statement by Singapore Exchange Limited (SGX).
Abu Dhabi Financial Group (ADFG) is an investment company based in the UAE specialised in financial services, real estate, and debt.
