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UEM proposes UEM Sunrise, Eco World merger | The Malaysian Insight

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UEM proposes UEM Sunrise, Eco World merger

UEM Group, a wholly owned subsidiary of Khazanah Nasional Bhd, has a 66.1% stake in UEM Sunrise. – October 5, 2020.

UEM Group Bhd has proposed for a merger between its property arm, UEM Sunrise Bhd, and Eco World Development Group Bhd, which will entail the latter’s delisting from Bursa Malaysia’s main market.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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In this situation.. With Convid19, political not stable and economic slump down. MERGER proposal? Got udang sebalik Mee.

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UEM Group proposes merger of subsidiary UEM Sunrise with Eco WorldThe proposal is for the two property companies to merge through an exchange of shares and warrants. FMTNews UEMGroup EcoWorld
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