, Singapore

Vibrant Group wins suit against Blackgold Australia

The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.

Vibrant Group has won the civil suit it filed against Peng Yuguo, former chief executive officer and Tong Chi Ho, former chairman of Blackgold Australia.

The civil suit was filed on 30 October 2020 after Blackgold International was found to have falsified accounts and inflated sales figures since it was acquired by Vibrant Group.

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