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Capital World Ltd. ( (SG:1D5) ) has shared an update.
Capital World Limited announced that the bank accounts of its subsidiary, CCP, have been frozen by request of the Malaysian Anti-Corruption Commission (MACC) to aid an ongoing investigation. Despite this, the company assures stakeholders that its overall working capital remains sufficient until the end of August 2025, and operations will continue as usual. The company is actively cooperating with authorities and will keep shareholders informed of any significant developments.
More about Capital World Ltd.
Capital World Limited, incorporated in the Cayman Islands, operates in the financial services industry with a focus on managing a group of subsidiaries.
Current Market Cap: S$16.1M
Find detailed analytics on 1D5 stock on TipRanks’ Stock Analysis page.