SINGAPORE (Apr 27): A Singapore court blocked commodity trader Noble Group from holding its annual meeting of shareholders' on Monday, in response to legal action taken by dissident shareholder Goldilocks Investment Co.

The move is a blow to Singapore-listed Noble, which is in the midst of a crucial debt restructuring process and has said it plans to hold a special meeting of its shareholders' after its annual general meeting.

"The judge decided that Noble be restrained from proceeding with the AGM currently fixed for April 30," Suresh Nair, Singapore counsel representing Goldilocks, told Reuters on Friday.

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