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Capital World Ltd. Faces Legal Battles and 5 Towers Sale

Capital World Ltd. Faces Legal Battles and 5 Towers Sale

Capital World Ltd. (SG:1D5) has released an update.

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Capital World Ltd. is navigating legal challenges with claims from Anna Ling and others totaling over RM30 million, alongside a smaller claim from Saravaneshwari A/P Subramaniam. Meanwhile, the company is progressing with the potential sale of its 5 Towers project to GDM, having agreed to a two-month extension for due diligence to maintain a positive business relationship. These developments could significantly impact the company’s financial and operational landscape.

For further insights into SG:1D5 stock, check out TipRanks’ Stock Analysis page.

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