Noble (S$0.30) CEO resigns. What's next?
-CEO Yusuf Alireza stepped down, citing family reasons
-Alireza highlighted group is not out of the woods yet during an interview with Bloomberg last month
-He'll be replaced by two Co-CEOs
-Co-CEO William Randall, current president and executive director
-Co-CEO Jeff Frase, current president of US business
-Also announced to kick-start sale process of Noble Americas Energy solution soon for shoring up balance sheet
-trading at 0.46x P/B, 5.3x FY16e P/E
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