Capital World Ltd. (SG:1D5) has released an update.
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Capital World Ltd.’s subsidiary, Capital City Property, is navigating a legal claim regarding a refund dispute with a purchaser, Saravaneshwari. The purchaser, who initially agreed to a share-based refund, is now demanding a cash settlement for her deposit. The company is seeking legal advice, but reassures that the proceedings won’t impact its financial stability.
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