Capital World Provides Interim Update on Property-Related Legal Claim
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Capital World Ltd. has provided an interim update regarding a legal claim from purchaser Chong Kim Chuan, who is seeking a refund of RM327,953.09 due to alleged failure to deliver vacant possession of a property unit within the agreed 52-month period. The company is actively defending the case with external legal counsel, and the Johor Bahru Sessions Court has set a deadline of 28 January 2026 for pre-trial document submissions, indicating the case's advancement and potential financial and reputational implications for the company.
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