Capital World Ltd. (SG:1D5) has released an update.
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Capital World Limited has announced the waiver of three conditions precedent by MK Mustafa, leading to an unconditional Sales and Purchase Agreement (SPA). MK Mustafa is set to pay an additional RM30,000,000 by 30 June 2024, on top of the RM80,000,000 already paid. Moreover, a supplemental letter has postponed the monthly rental payments under the tenancy agreement to December 2024.
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