EcoWorld Malaysia calls off merger talks with UEM Sunrise

  • 📰 staronline
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

Eco World will now focus on its own business plans for FY2021.

EcoWorld Malaysia chairman Tan Sri Liew Kee Sin said the decision to cease the merger discussion was because it seeks to pursue its own business plans.and it will now focus on its own business plans for FY2021.

“The cessation of talks on the proposed merger will enable EcoWorld Malaysia to actively pursue other corporate proposals that may be more complementary to our present growth plans and strategies, ” he said. However, in January this year, after the commencement of discussions with UEM Sunrise, EcoWorld Malaysia decided not to pursue the proposed merger.

“On this note, we have got off to a very strong start with RM500mil sales already achieved in the first two months of FY2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Who want lah

wow..awesome balls.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines