In 2018, Noble Group Ltd was de-listed from the Singapore Stock Exchange. The share price had collapsed 99% since Iceberg exposed Noble. Declaring a default, it went through a restructuring process that eventually led to the creation of Noble Group Holdings Ltd, while Noble Group Ltd, which incorporated in Bermuda is undergoing an winding up process through till end of 2019. The Singapore Stock Exchange blocked the listing of the restructured group on the uncertainty of the Noble's financial position. A criminal investigation on the alleged wrongdoings of Noble Group Ltd is under way in Singapore.