Capital World faces RM328,000 lawsuit as appeal hearing date shifts

Reuters

Feb 27

Capital World faces RM328,000 lawsuit as appeal hearing date shifts

Capital World Ltd. said it is defending a lawsuit by Chong Kim Chuan seeking RM327,953.09 plus additional damages, costs and interest over an alleged failure to deliver vacant possession of a property unit by the contractual deadline. The Johor Bahru Sessions Court has set 7-8 October 2026 for trial. In a separate case brought by purchasers Pung It Teong and Tan Yee Ting, the Sessions Court dismissed their RM435,756 claim in May 2025 and awarded RM9,000 in costs to Capital City Property Sdn Bhd; the purchasers have appealed and the High Court hearing date is pending.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital World Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 601HWTCQKCY5YTO7) on February 27, 2026, and is solely responsible for the information contained therein.

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The Johor Bahru Sessions Court has set 7-8 October 2026 for trial. In a separate case brought by purchasers Pung It Teong and Tan Yee Ting, the Sessions Court dismissed their RM435,756 claim in May 2025 and awarded RM9,000 in costs to Capital City Property Sdn Bhd; the purchasers have appealed and the High Court hearing date is pending.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital World Ltd. published the original content used to generate this news brief via <a href=\"https://laohu8.com/S/SPXCF\">Singapore Exchange</a> Limited (SGX) (Ref. ID: 601HWTCQKCY5YTO7) on February 27, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0877626530.USD","symbol_name":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260227:nNDLPq8yG:1","article_id":"2614835777","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614835777","pubTimestamp":1772184659,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Capital World Ltd. said it is defending a lawsuit by Chong Kim Chuan seeking RM327,953.09 plus additional damages, costs and interest over an alleged failure to deliver vacant possession of a property unit by the contractual deadline. 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The Johor Bahru Sessions Court has set 7-8 October 2026 for trial. In a separate case brought by purchasers Pung It Teong and Tan Yee Ting, the Sessions Court dismissed their RM435,756 claim in May 2025 and awarded RM9,000 in costs to Capital City Property Sdn Bhd; the purchasers have appealed and the High Court hearing date is pending.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital World Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 601HWTCQKCY5YTO7) on February 27, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}