Hot stock: Capital World slips on post-RTO Catalist debut
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
MALAYSIAN property developer Capital World made its debut on Singapore Exchange's junior board, Catalist, on Friday morning, with its shares opening at S$0.198 apiece.
The Johor-based company has a market value of more than S$250 million and is developing a shopping mall in Johor Baru called Capital 21, the bourse said in a press release.
As at 9.48am, the counter had dropped 5.1 per cent or one Singapore cent to S$0.186 on 7.4 million shares traded.
Capital World listed by a reverse takeover (RTO) of Terratech Group.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
