Noble Group Limited announced that on 30 October 2017, the company has established a wholly-owned subsidiary, Noble Americas Emerald Corp. (NAEC), in Delaware, United States of America which principal business is investment holding. As of 30 October 2017, the issued and paid up share capital and the net tangible asset value and book value of the shares of NAEC is USD 1.00 comprising 100 shares at USD 0.01 each. The establishment was satisfied by cash and funded by internal resources.