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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.
September 14, 2017
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.
July 31, 2017
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.
July 26, 2017
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.
July 25, 2017
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).
July 13, 2017
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.
June 29, 2017
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
May 09, 2017
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).
April 10, 2017
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.
April 08, 2017
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.
April 06, 2017