Vibrant Group suspects fire in China deliberate act to destroy Blackgold's accounts
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Singapore
A MOTOR vehicle carrying certain accounting records of a company subsidiary caught fire near a coal mine in China on Aug 9, logistics firm Vibrant Group said on Wednesday night.
The incident in Fengjie, Chongqing, took place about a month after the group announced that its auditors had found accounting irregularities in certain units of its subsidiary Blackgold International Holdings, which Vibrant acquired a year ago. Blackgold is a coal producer listed in Australia.
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