EcoWorld calls off merger with UEM Sunrise

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EcoWorld calls off merger with UEM Sunrise
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The decision was made after evaluating the proposal with its business plans, while considering the current business environment and MCO re-implementation. FMTNews EcoWorld UEMSunrise

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PETALING JAYA: Private developer Eco World Development Group Bhd has called off a proposed merger with government-linked property developer UEM Sunrise Bhd.

In a statement, EcoWorld chairman Liew Kee Sin said the decision was made after evaluating the proposal with its business plans, while considering the current business environment and lockdown re-implementation.

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