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    1D5   KYG8763X1189

CAPITAL WORLD LIMITED

(1D5)
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Shermaine Phang Kitt Yan cancelled the acquisition of 80% stake in MCM Studio Entertainment Group Sdn. Bhd. from Capital World Limited.

01/08/2021 EDT

Shermaine Phang Kitt Yan entered into an agreement to acquire 80% stake in MCM Studio Entertainment Group Sdn. Bhd. from Capital World Limited (Catalist:1D5) for MYR 60 on January 8, 2020. The consideration is payable in cash. Shermaine Phang will acquire 60 shares of MCM Studio Entertainment Group. Post-completion, MCM Studio Entertainment Group will cease to be a subsidiary of Capital World Limited. Shermaine Phang will procure MCM Studio Entertainment Group to pay its debt and if MCM Studio Entertainment Group is unable to pay to its debt within one year, than Shermaine Phang shall pay the debt. The transaction is subject certain conditions precedent. The long stop date is January 31, 2020. Shermaine Phang Kitt Yan cancelled the acquisition of 80% stake in MCM Studio Entertainment Group Sdn. Bhd. from Capital World Limited (Catalist:1D5) on January 8, 2021.


ę S&P Capital IQ 2021
All news about CAPITAL WORLD LIMITED
09/22FINANCIAL STATEMENTS AND RELATED ANN : :Second Quarter and/ or Half Yearly Results
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09/19FINANCIAL STATEMENTS AND RELATED ANN : :First Quarter Results
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08/31GENERAL ANNOUNCEMENT : :Updates Pursuant to Rule 704(22) of the Catalist Rules
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08/30GENERAL ANNOUNCEMENT : :Response to Queries Raised by the Securities Investors Association..
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08/13GENERAL ANNOUNCEMENT : :Non Issuance of Sustainability Report for the Financial Year Ended..
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08/02GENERAL ANNOUNCEMENT : :Entering into Settlement Agreement - Achwell Property Sdn Bhd and ..
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07/16CAPITAL WORLD : Attributable Loss Widens in Fiscal 2020
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07/15Capital World Limited Reports Earnings Results for the Full Year Ended June 30, 2020
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06/11GENERAL ANNOUNCEMENT : :Updates on Restructuring and Internal Controls of the Group
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05/27Capital World Limited Appoints Chan Shuh Chet as Financial Controller
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More news
Financials
Sales 2020 3,09 M 0,74 M 0,74 M
Net income 2020 -152 M -36,4 M -36,4 M
Net Debt 2020 41,4 M 9,90 M 9,90 M
P/E ratio 2020 -0,06x
Yield 2020 -
Capitalization 27,3 M 6,77 M 6,53 M
EV / Sales 2019 0,99x
EV / Sales 2020 22,2x
Nbr of Employees -
Free-Float 22,9%
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Managers and Directors
Chien Fu Siow Chief Executive Officer & Executive Director
Chai Chong Low Non-Executive Chairman
Kian Thong Lim Lead Independent Non-Executive Director
Kwong Fai Lam Independent Non-Executive Director
Choo Tan Ler Non-Independent Non-Executive Director