Capital World's auditor flags going-concern uncertainty tied to Mustafa mall sale

The Straits Times reports that Capital World disclosed auditor Moore Stephens had flagged a material uncertainty that could cast significant doubt on its ability to keep operating. The auditor said continued operations depended on completing Mustafa's RM368 million purchase at Capital City Mall in Johor Bahru. Capital World said it had received RM143.7 million in deposits and viewed the remaining steps as administrative. As of July, government approvals had been obtained for only 55 of the 591 units.