Vibrant Group said on Dec, 26 2025 that its wholly-owned subsidiary New Vibrant (Jiangsu) Supply Chain Management has signed a second debt-transfer agreement with China Railway Construction Engineering Group to purchase an additional S$3.3 million of debt owed by 31 %-owned associate Vibrant Pucheng Logistics (Chongqing).

The package represents about S$4.3 million in principal, interest and penalties; the purchase price therefore gives the Group an immediate financial gain of roughly S$1.0 million and entitlement to future interest income.

New Vibrant must pay the consideration within three working days, or by Dec, 31 2025 at the latest. Upon payment, all rights to the debt, including enforcement rights and priority over sale proceeds from the Chongqing multi-modal logistics centre, will be transferred to New Vibrant. CRCE has also agreed not to pursue court enforcement against Vibrant Pucheng before Jun, 30 2026 without New Vibrant’s consent.

The transaction will be funded from internal resources. Aggregated with an earlier January purchase, its value equals 8.66 % of Vibrant Group’s market capitalisation, classifying it as a discloseable transaction under Singapore Exchange rules; shareholder approval is not required.

Pro-forma figures show the deal would have lifted net tangible assets per share to 33.64 cents from 33.49 cents and earnings per share to 1.27 cents from 1.13 cents for FY2025.