Capital World finds way to keep costs low

CAPITAL WORLD LIMITED CHIEF EXECUTIVE OFFICER SIOW CHIEN FU TALKING ABOUT THEIR CAPITAL21 INTEGRATED MALL ALONG JALAN TAMPOI IN JOHOR BARU.

JOHOR BARU: While most developers will prefer to purchase their own land before developing it, one local company has a different business model to keep its costs low – going into joint ventures with land owners.

Capital World Ltd chief executive Officer Siow Chien Fu (pic) said this allowed their costs to be lower while maximising returns.