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Capital World Ltd. ( (SG:1D5) ) just unveiled an announcement.
Capital World Limited is currently facing legal challenges, including a claim from Chong Kim Chuan for a refund and interest due to delayed possession of a unit, and a collective suit from Pey Boon Siong and 19 other purchasers seeking damages for delayed delivery and depreciation of retail units at Capital City Mall. The company is actively defending these claims with legal counsel and has scheduled court dates for further proceedings, indicating ongoing legal and financial implications for its operations.
More about Capital World Ltd.
Capital World Limited, incorporated in the Cayman Islands, operates in the real estate industry, focusing on property development and management. The company is involved in projects such as Capital City Mall and is currently dealing with legal claims related to its operations.
Current Market Cap: S$16.1M
Learn more about 1D5 stock on TipRanks’ Stock Analysis page.