Sinochem International Corporation (SHSE:600500) is no longer pursuing an investment in Noble Group Limited (SGX:CGP) due to concerns over the finances and business outlook of the loss-making commodity trader, three sources familiar with the matter told Reuters. Sinochem, which has not commented on its interest in a Noble stake, did not immediately respond to a request for comment. The sources declined to be identified due to the sensitivity of the matter.

The source said, though, that it does not mean Sinochem's talks with Noble can't be revived in the future.