SUBSCRIBERS

Corporate digest

Published Thu, Jun 27, 2019 · 09:50 PM
Share this article.

Vibrant Group

VIBRANT is in discussion with "relevant parties" to evaluate the disposal of Chinese coal miner Blackgold International Holdings. In its FY2019 results filing, Vibrant said that Blackgold, which has appeared to have falsified its accounts, is still unable to provide a complete set of financial statements for consolidation purposes.

Vibrant posted a net profit of S$13 million for the year, swinging from a loss of S$93.1 million the year before. Earnings per share was 0.81 Singapore cent, compared with a loss per share of 13.09 Singapore cents a year ago. A first and final dividend of 0.4 Singapore cent per ordinary share has been recommended.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here