Capital World *Official* (SGX: 1D5)

[kaobulor]

Re-listing onto main board tomorrow...


https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11447-capital-city-super-sized-new-mall-hotel-serviced-units-to-be-injected-in-rto

 

[Weaboo]

This one is the jb integrated development one?

 

[Asphodeli]

wah this company ish not simpur

 

[zuoom]

Like that can?

 

[kaobulor]

This one is the jb integrated development one?

Yes
Listing today

 

[Average]

乱乱买，乱乱发！

jkjk

Sent from 好心人 using GAGT

 

[kaobulor]

Wonder what the pricing would be like

 

[Kinetic88]

congra to those who shorted/sold

down 0.006 (3.1%) to 0.190 as at time of post.

 

[Kinetic88]

congra to those who shorted/sold

down 0.006 (3.1%) to 0.190 as at time of post.

jialat.

congra to those who shorted/sold

down 0.013 (6.6%) to 0.183 as at time of post.

 

[king2penn]

looking to long lower. maybe 0.15?

 

[mrtanbg]

At the end of the day, fund raising in whatever form via the capital market is always to benefit the majority shareholders/SSH/Pre IPO investors/Vendors etc...

The last thing on their minds is to benefit the men or women in the streets like you and I.

Invariably, many of these pump and dump strategies have panned out and investors are non the wiser, like they say a fool is born every minute.

Look at Aoxin Q&M, utter rubbish, pump and dumped... and so many others

The old adage, buyers beware always hold true.

Wow, this new medication my nurse give is really working!

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...inancing-with-controlling-shareholders-shares
Capital World obtains HK$50m share financing with controlling shareholders' shares
Wed, Nov 01, 2017 - 7:53 AM Lynette Khoo lynkhoo@sph.com.sg

CAPITAL World Limited said it has obtained a HK$50 million (S$8.7 million) share financing from a licensed money lender Great View Finance Limited.
The group also recently secured a S$4 million bank loan from RHB Bank Berhad for general working capital purpose.
The shares financing bears an interest rate of 10 per cent per annum and the loan is to be repaid within a 12-month period.
A total of 166.5 million shares of the company held by three controlling shareholders will be pledged for the shares financing. These represent 13.1 per cent of the group's issued and paid-up shares.
Siow Chien Fu, one of the controlling shareholders and CEO of the group, said: "This will allow the group to further strengthen our foothold in Malaysia with more property development projects."

 

[Jupiter2017]

http://www.shareinvestor.com/news/news.html?source=sg_si_express&nid=168529
Capital World: Net Profit Rose 33.8% To RM19.7 Million In 1QFY2018.
14 Nov 2017 13:07

Registered 59.5% growth in revenue to RM44.2 million due to higher revenue contribution from Capital 21 and Capital Suites. Gross profit increased by 39.3% to RM31.7 million. Awarded as Top 5 of Sin Chew Business Excellence Awards in Malaysia. The Group remains committed to explore strategic partnerships with landowners on a joint venture basis...
Attachments: http://www.shareinvestor.com/news/news.html?source=sg_si_express&nid=168529

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...res-right-to-develop-johor-township-for-rm63m
Capital World acquires right to develop Johor township for RM63m
Thu, Nov 23, 2017 - 8:12 AM Jacquelyn Cheok jaccheok@sph.com.sg

CATALIST-LISTED property developer Capital World is acquiring a joint development right to develop a township in Johor for RM63 million (S$20.6 million).
Under the joint development right, Capital World will develop five plots of 99-year leasehold lands (expiring on Jan 18, 2114) with a total area of about 207.5 acres (about 84 hectares), that are owned by Yayasan Pelajaran Johor, an education foundation established by the Johor State Government.
Post acquisition, the group will assume the joint development right to develop a township at Pantai Timur, District of Kota Tinggi, State of Johor. The township is located along Jalan Kg Punggal - Desaru and is about 22 kilometres from the north-east of the Pengerang Integrated Petroleum Complex (PIPC) at Pengerang.
Capital World said that the PIPC is one of the major oil and gas hubs in South-east Asia, which is expected to generate thousands of job opportunities by 2020, hence driving the demand for property in Pengerang.
Capital World said that the acquisition is timely to capture Pengerang's rising housing demand, will complement the group's portfolio of mixed developments, and transform the group into a multidisciplinary profile developer.
The acquisition, announced on Thursday, is made through Capital World's unit, Baiduri Megaria. The latter will acquire Kekal Efektif, an investment and property development company that holds the joint development right.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=1D5.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/capital-worlds-q2-net-profit-up-90
Capital World's Q2 net profit up 90%
Tue, Feb 06, 2018 - 7:28 PM Vivien Shiao vshiao@sph.com.sg

MALAYSIAN property developer Capital World posted a net profit of RM17.4 million (S$5.9 million) for its second quarter ended Dec 31, 2017, up 90 per cent from RM9.2 million a year ago, on the back of an increase in revenue due to higher percentage of works completed.
Revenue soared to RM46 million for the quarter, up from RM18 million previously, mainly due to higher revenue recognition from Capital 21, the retail podium component of the group's mixed development project in Johor, Malaysia, and its serviced suites component Capital Suites, which is in line with higher percentage of works completed.
Earnings per share stood at RM1.37 cents for Q2, up from RM0.85 cent a year ago.
No dividend was declared for the quarter.
In its outlook, Capital World pointed out that Singapore and Malaysia have inked a legally binding bilateral agreement to build a cross-border MRT system, allowing commuters to travel seamlessly between Woodlands and Johor Bahru. The construction is expected to commence in 2019 and to be completed by end-2024.
"These positive developments will augur well for the group's existing and upcoming development projects in Johor Bahru," said the group in a filing to the Singapore Exchange.
Siow Chien Fu, executive director and CEO, said the group has entered into an agreement to acquire 100 per cent equity interest in Kekal, which holds the joint development right to develop five plots of land which are strategically located near Pengerang Complex, one of the major oil and gas hubs in South-east Asia.
"It is expected to generate thousands of job opportunities by 2020, driving the demand for the property sector in Pengerang," he said.
The group has also launched the indoor theme park concept at Project Capital City on Jan 13. Upon completion, it will be one of the five largest indoor theme parks in the world and is expected to commence operations in 2018, transforming Project Capital City into a one-stop lifestyle and entertainment hub and a potential tourist destination in Johor Bahru, said Mr Siow.
"Moving ahead, the group will remain focused on seeking business opportunities to form strategic partnerships and joint ventures with potential landowners and developers in Malaysia as well as in South-east Asia," he added.
Capital World listed on the Catalist board via a reverse takeover of marble company Terratech Group on May 5, 2017.

price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=1D5.SI