Vibrant Group Completes Full Acquisition of Associated Company's Debt

MT Newswires07-06

Vibrant Group (SGX:BIP) fully acquired the entire judgment debt of around 59.4 million yuan owed by its 31% associated company, Vibrant Pucheng Logistics (Chongqing), to China Railway Construction Engineering.

The debt acquisition was completed after the logistics company acquired the final 20.2 million yuan tranche for 15 million yuan, according to a Friday filing with the Singapore Exchange.

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