Noble Group, Asia's biggest commodity trader, said it has been approached by a number of parties about potential financing and investment options and refuted rumors that it would not be able to fund a $735 million bond redemption due this week.
Singapore-listed Noble has been grappling with waning investor confidence this year after being accused by Iceberg Research in mid-February of inflating its assets by billions of dollars.
It has rejected the claims and commissioned a report by PwC to review its accounting practices in an attempt to soothe investor concerns that appeared to accelerate last week when its shares slid nearly 30 percent. Since mid-February they are down some 60 percent. The stock was up just over 4 percent in morning trading on Monday.