Capital World Limited has entered into a term sheet with two individual private investors to raise $13.47 million for the development of an ongoing project. The post Realty Digest: Ascott expands hospitality footprint; Capital World to raise $13.5m appeared first on DealStreetAsia.

SINGAPORE (July 15): Capital World, formerly known as Terratech Group, entered into a term sheet agreement on July 10 with two individuals – Yuan Zhiwei and Chng Chor Tong – relating to a proposed issuance of new ordinary shares of the company. Capital World will be issuing about 916 million ne...

THE following companies saw new developments that may affect trading of their shares on Thursday: 

PROPERTY firm Capital World, which has recently struggled to repay loans, is looking to raise some S$18 million by issuing new ordinary shares to two private investors.

CATALIST-LISTED Capital World has once more extended the repayment date for certain bonds to June 30, 2019, it announced on Friday night.

CATALIST-LISTED Capital World will extend the repayment date of certain bonds, in a deal with convertible bondholder Chong Thim Peng, the board said on Thursday.

CATALIST-listed Capital World on Monday said that it has agreed on the terms of repayment with convertible bondholder Chong Thim Pheng, after shareholders in January blocked the integrated property developer from issuing 39 million new shares to him as part of a settlement agreement.

The venture capital world pays close attention to which start-ups get investments from the who's who of the investment world, says NUS Enterprise's Jonathan Chang.

THE following companies saw new developments that may affect trading of their shares on Wednesday:

CATALIST-listed Capital World saw net profit fall 15.4 per cent in the second quarter ended Dec 31 to RM14.7 million (S$4.9 million), from RM17.4 million in the year-ago period, the Malaysia-focused property developer announced on Tuesday night after the market closed.