CAPITAL World is raising up to S$16.45 million from Malaysia-listed manufacturing and property group PRG Holdings through the issuance of new shares and options at S$0.035 apiece.

CAPITAL World has entered into a term sheet with PRG Holdings, which will see Capital World raising gross proceeds of some S$9.28 million by issuing 265 million new ordinary shares.

INTEGRATED property developer Capital World on Monday announced that it had signed a non-binding memorandum of understanding with PRG Holdings, a Bursa-listed investment holding company, for the latter to inject capital into the company by subscribing for new shares in Capital World. 

SINGAPORE (Oct 31): Tayrona Financial believes Malaysia-based property developer Capital World, formerly known as Terratech Group, has a “compelling upside of almost 300%” amid "improving fundamentals that justify a rerating". Tayrona, the equity research firm formerly known as NRA Capital, val...

LOWER revenue from a decrease in an incremental percentage of completion for Capital City Mall weighed down results for Catalist-listed property developer Capital World for its full financial year, it said in a Singapore Exchange announcement on Wednesday night.