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