The company’s subsidiary Capital City Properties entered into the SPA to sell the units at Capital City Mall in Tampoi, Johor in January. It has already received a deposit of RM73.6 million.
Capital World, which has entered into a sales and purchase agreement (SPA) to sell the bulk of its units at a mall in Johor to retailer MK Mustafa for RM358 million, will resume trading on the Singapore Exchange (SGX:S68
) Securities Trading (SGX-ST) on Tuesday, Oct 31.
Catalist-listed Capital World (SGX:1D5) has received a letter of no-objection from SGX RegCo. Its shares have been suspended from trading since Feb 14, 2020.
