The Board of Directors (the "Board") of Vibrant Group Limited (the "Company") refers to the announcement made by the Company on 30 June 2015 (the "Announcement") in relation to the proposed share consolidation of every 5 existing ordinary shares in the capital of the Company (the "Existing Shares") held by shareholders of the Company (the "Shareholders") as at a books closure date to be determined by the Directors (the "Books Closure Date") into 1 ordinary share in the capital of the Company (the "Consolidated Shares"), fractional entitlements to be disregarded (the "Proposed Share Consolidation").
Unless otherwise defined, all capitalised terms used and not defined herein shall have the same meanings given to them in the Announcement.
Further to the Announcement, the Board is pleased to announce that the Company has, on 23 July
2015, received the approval in-principle (the "Approval In-principle") from the Singapore Exchange
Securities Trading Limited (the "SGX-ST") in respect of the listing and quotation of up to 524,339,826
Consolidated Shares on the Mainboard of the SGX-ST. The Approval In-principle is subject to:-
(i) Shareholders' approval being obtained at the forthcoming Extraordinary General Meeting for the Proposed Share Consolidation; and
(ii) compliance with the SGX-ST's listing requirements.
The Approval In-principle is not to be taken as an indication of the merits of the Proposed Share
Consolidation, the Consolidation Shares, the Company and/or its subsidiaries.
Eric Khua Kian Keong
Executive Director and CEO
24 July 2015
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