Amanah voices objections to UEM Sunrise-Eco World merger plan

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UPDATED 10.26PM | Many parties see the merger as a 'bailout' to rescue Eco World, says Amanah's Raja Kamarul Bahrin.

Amanah leaders have voiced objection to reported merger plans between government-linked UEM Sunrise Bhd and private developer Eco World Development Group Bhd.

Senator Raja Kamarul Bahrin Shah said the government should reconsider the rationale behind the merger while Kuala Selangor MP Dzulkefly Ahmad also questioned how the government would benefit from the exercise.

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Just make sure you’ve got a f**king good deal from EcoWorld. Not a another ripped off case. UEM Sunrise must learn from previous mistakes. And if possible make the details public so that some expert can also raise concerns if the deal is bad. Be more transparent in your deal.

What are the objections exactly?

PASPusat ?

Oh? Politicians now want to be M&A expert. Must be GLC chairmanship going into their heads.

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UEM Sunrise-EcoWorld merger a bailout, says AmanahDzulkefly Ahmad says it is regrettable that Khazanah Nasional has decided to provide such financial assistance. FMTNews UEMSunrise EcoWorld Salam DrDzul what financial assistance and taxpayers money are you talking about here? expected better and more substantiated arguments from someone like you than just this papagomo level criticism
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