Capital World Limited Faces Legal Appeal After Court Victory
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Capital World Limited, through its subsidiary CCPSB, is facing a legal appeal after a court dismissed claims from purchasers Pung It Teong and Tan Yee Ting regarding a Sale and Purchase Agreement. The court ruled in favor of CCPSB and awarded costs, but the plaintiffs have filed an appeal. The company remains confident in its legal position and is closely monitoring the appeal process. Current Market Cap: S$32.2M.
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