Capital World slips on Catalist debut

Singapore

MALAYSIAN property developer Capital World slipped on its debut on the Catalist board on Friday, its shares having lost 7.14 per cent or S$0.014 to close at S$0.182 apiece.

Capital World opened at S$0.198. It listed by a reverse takeover (RTO) of marble company Terratech Group.

The Johor-based company has a market value of more than S$250 million. It is developing a shopping mall in Johor Baru called Capital 21 and a wellness hub in Perak, Singapore Exchange (SGX) said in a …