- Two new development projects through joint venture with landowners in the pipeline
- Aims to achieve regionalization via expansion into the Southeast Asia markets and to realize
the synergies between the marble business and the property development segment
Singapore, May 2017 – Capital World Limited (the “Company” or “Capital World” and together with its
subsidiaries, the “Group”), an innovative integrated property developer based in Johor, Malaysia, is
pleased to announce that it has commenced trading on the Catalist of the Singapore Exchange Securities
Trading Limited (“SGX-ST”) at 9.00 am today.
Following the allotment and issuance of 1,097,428,569 shares, the total issued share capital of the
Company after the 4-to-1 share consolidation has increased from 170,885,501 shares to 1,268,314,070
shares. In honor of the occasion, officials from SGX-ST, members of the Company’s Board of Directors and key
management were present at the SGX Centre to grace the listing ceremony to mark the successful listing
of Capital World.
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Mr. Siow Chien Fu, the Company’s Executive Director and CEO said, “The successful listing on SGXST
marks a strategic milestone of the Group. As we embrace a new chapter as a listed corporation
on SGX-ST, on behalf of the Company, I would like to express my deepest gratitude to all our
shareholders for their support.
Backed by our strong brand and niche business model, we believe that this listing on the SGX-ST
provides us with an access to the capital market in Singapore, an international financial hub and
serves as a platform with diversified financing options for us to fund our future growth. This is the
beginning of our growth phase as we strive to establish a global brand and deliver greater value to
our shareholders going forward.”
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