Vibrant Group

Results

Vibrant Group earnings surge to $122.6 mil in 1Q on one-off gain

SINAGPORE (Sept 14): Logistics, real estate, and financial services provider Vibrant Group saw its earnings surge to $122.6 million for the 1Q ended July, from earnings of $0.4 million a year ago.

Vibrant subsidiary acquires land in Chongqing

SINGAPORE (July 31): Vibrant Group announced that 31% owned Vibrant-Pucheng on July 20 acquired a 217,788 sqm land in Chongqing.

Results

Sabana REIT reports 24.3% lower 2Q DPU of 0.81 cent after manager forgoes 25% fees

SINGAPORE (July 26): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has reported a distribution per unit (DPU) of 0.81 cent for 2Q17, down 24.3% from the 1.07 cent DPU declared a year ago.

Phase 1 of Vibrant’s debut industrial development in China 92% leased out

SINGAPORE (July 25): Vibrant Group says 80% subsidiary Fervent Industrial Development (Suzhou) Co. has secured substantial leases in its debut industrial development in China.

Vibrant Group acquires ASX-listed thermal coal producer for $40 mil

SINGAPORE (July 13): Vibrant Group has acquired Blackgold International Holdings, a China-based thermal coal producer listed on the Australian Securities Exchange (ASX), for a consideration of A$36.6 million ($40 million).

Results

Vibrant Group posts 66% fall in full-year earnings to $3.4 mil

SINGAPORE (June 29): Vibrant Group saw earnings for FY17 ended April fall 65.9% to $3.4 million, from $10.0 million a year ago.

Vibrant announces termination of proposed sale of Changi South property to Sabana REIT

SINGAPORE (May 9): The proposed sale and leaseback of a four-storey light industrial building at 47 Changi South Ave 2, which Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) was originally intending to acquire from Vibran

Vibrant Group confirms in talks to acquire further stake in Sabana REIT

SINGAPORE (April 10): Vibrant Group has confirmed it is currently engaged in discussions in relation to the acquisition of a further stake in the manager of the Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT).

Vibrant Group acquiring a further 45% of Sabana REIT’s manager

SINGAPORE (April 8): Vibrant Group is acquiring a further 45% stake in the manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, according to a source.

Sabana REIT EGM to be held on April 28; REIT may be in default if manager voted out

SINGAPORE (April 6): The manager of Sabana Shariah Compliant Real Estate Investment Trust announced this morning that the extraordinary general meeting requisitioned by 66 unitholders will be held on Apr 28.
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