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Capital World Ltd. Reaches Crucial Repayment Plan

Capital World Ltd. Reaches Crucial Repayment Plan

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

Confident Investing Starts Here:

Capital World Limited has negotiated a new instalment repayment plan with Tenaga Nasional Berhad (TNB) to settle an outstanding amount of RM5,374,107.32, ensuring the company’s working capital sufficiency until the end of the next financial year in June 2025. This development follows the company’s previous announcements and advises shareholders to consult professionals before taking any action concerning their securities. The first payment under the new plan is set to be made by October 3, 2024, demonstrating Capital World’s commitment to meeting its financial obligations.

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

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