Singapore-Listed Company $26 Million Vibrant Group CEO Khua Kian Keong Sentenced to 13 Months Jail for Assaulting ex-Chairman of KTL Global Tan Tock Han by Pushing Him Down a Flight of Stairs Resulting in Fractures, Alleged to be in Dispute Over $1.8 Million Debt Owed by Tan Tock Han to Khua Kian Keong, Khua Kian Keong is Currently on Bail, Required to Begin Serving Sentence on 7th August 2024, Plans to Appeal Sentence
1st August 2024 | Hong Kong
Singapore-listed company Vibrant Group ($26 million market value) CEO Khua Kian Keong had been sentenced to 13 months jail for assaulting ex-Chairman of KTL Global Tan Tock Han by pushing him down a flight of stairs resulting in fractures, alleged to be in dispute over $1.8 million debt owed by Tan Tock Han to Khua Kian Keong. Khua Kian Keong is currently on bail, and is required to begin serving his sentence on 7th August 2024. Khua Kian Keong plans to appeal the jail sentence. Vibrant Group (24/7/24): “The Board of Directors (the “Board”) of Vibrant Group Limited (the “Company” and together with its subsidiaries, the “Group”) refers to the Company’s announcements on 4 August 2023 and 8 August 2023 (“4 August 2023 Announcement” and “8 August 2023 Announcement” respectively). Unless otherwise defined, all capitalised terms used in this announcement which are not defined herein shall have the same meanings ascribed to them in the 4 August 2023 Announcement and the 8 August 2023 Announcement. The Company wishes to announce that it has been notified by Mr Eric Khua Kian Keong (“Mr Khua”) that on 24 July 2024, Mr Khua was sentenced to a period of incarceration for a personal matter that is not related to the Company or the management of the Company. The Company is further informed by Mr Khua that he is seeking legal advice on and will appeal against both his conviction and the sentence. The Board and the NC are of the view that there is no present need to assess the suitability of Mr Khua continuing as an Executive Director and Chief Executive Officer of the Company given that Mr Khua will appeal against both his conviction and the sentence. The Board and the NC will continue to monitor the progress of Mr Khua’s matter and will take such steps as may be necessary. Mr Khua has undertaken to provide timely updates to the Board should there be any material developments, and the Company will make further announcements as may be necessary.” Vibrant Group Limited – Vibrant Group Limited (formerly known as Freight Links Express Holdings Limited) is a leading brand name in areas of international logistics services. It has since expanded to cover real estate and financial services as well. Vibrant Group’s vision is to be a world-class integrated service provider. We aim to achieve this through our proven expertise and many years of experiences across our 6 lines of businesses: International Freight Forwarding, Project Logistics, Chemical Logistics, Contract Logistics, Container Freight Station and Records Management.
“ Singapore-Listed Company $26 Million Vibrant Group CEO Khua Kian Keong Sentenced to 13 Months Jail for Assaulting ex-Chairman of KTL Global Tan Tock Han by Pushing Him Down a Flight of Stairs Resulting in Fractures, Alleged to be in Dispute Over $1.8 Million Debt Owed by Tan Tock Han to Khua Kian Keong, Khua Kian Keong is Currently on Bail, Required to Begin Serving Sentence on 7th August 2024, Plans to Appeal Sentence “
Vibrant Group Limited – Vibrant Group Limited (formerly known as Freight Links Express Holdings Limited) is a leading brand name in areas of international logistics services. It has since expanded to cover real estate and financial services as well. Vibrant Group’s vision is to be a world-class integrated service provider. We aim to achieve this through our proven expertise and many years of experiences across our 6 lines of businesses: International Freight Forwarding, Project Logistics, Chemical Logistics, Contract Logistics, Container Freight Station and Records Management.
Eric Khua Kian Keong, Chief Executive Officer, Vibrant Group Limited – Mr Khua was appointed as Chief Executive Officer on 5 November 2003. He is a member of the Nominating Committee. He is also a Non-Executive director of FM Global Logistics Holdings Berhad, an associated company listed on Bursa Malaysia. He obtained his Bachelor of Science in Electrical Engineering and graduated cum laude from University of the Pacific, United States in 1987. Mr Khua is Chairman of Nanyang Kuah Si Association, a committee member at Singapore Ann Kway Association, a board member of Tan Kah Kee Foundation. He serves as a patron at Telok Blangah Citizens’ Consultative Committee. He was formerly the President of Singapore Metal and Machinery Association, Vice-Chairman of the Singapore-China Business Association, council member of the Singapore Chinese Chamber of Commerce and Industry, board member of Singapore Thong Chai Medical Institute, Vice-President of World Quanzhou Youth Friendship Association, Chairman of Pei Tong Primary School advisory committee and member of school management committee of Catholic High School. In China, Mr Khua is Board Chairman of Fujian Anxi No. 8 Middle School, Vice-President of Anxi Charity Federation and the Anxi Fenglai Guitou Charity Federation. In 2009, he was awarded “Outstanding Charitable Works Contribution” by Fujian Provincial Government, People’s Republic of China.
Singapore-Listed Company $26 Million Vibrant Group CEO Khua Kian Keong Sentenced to 13 Months Jail for Assaulting ex-Chairman of KTL Global Tan Tock Han by Pushing Him Down a Flight of Stairs Resulting in Fractures, Alleged to be in Dispute Over $1.8 Million Debt Owed by Tan Tock Han to Khua Kian Keong, Khua Kian Keong is Currently on Bail, Required to Begin Serving Sentence on 7th August 2024, Plans to Appeal Sentence
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