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Capital World shares fall amid news of Malaysian probe linked to former subsidiary

The Straits Times

|

March 22, 2025

Singapore-listed property company Capital World said the Malaysian Anti-Corruption Commission (MACC) is investigating certain transactions made in 2018 that are linked to its former subsidiary MCM Studio Entertainment Group.

The transactions were made between January and December 2018. Capital World disposed of its 80 per cent stake in MCM in 2020, it said late on March 20.

Shares of the Catalist-listed company dropped 0.1 cent to 0.1 cent on March 21, with 29 million shares traded.

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