The government should reconsider the rationale behind the reported merger plans between government-linked UEM Sunrise Bhd and private developer Eco World Development Group Bhd, said Amanah senator Raja Kamarul Bahrin Shah.
He said reconsideration was necessary after the resignation of UEM Sunrise CEO and managing director Anwar Syahrin Abdul Ajib, following the company's acceptance of the proposed merger.
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UEM Group, Sunrise and Eco World stay tight-lipped as merger talk draws criticism | Malay MailKUALA LUMPUR, Oct 9 — The proposed merger between UEM Sunrise and Eco World has courted controversy as opponents are reading it as yet another attempt to bail out a beleaguered company. Critics of the Perikatan Nasional government have taken to social media to accuse UEM Group, UEM Sunrise’s... Khazanah u hv money to bail private entity ecoworld but u shy away to save MAS our national pride? Shame on you and MOF. When bad men combine, the good must associate else they will fall one by one, an unpitied sacrifice in a contemptible struggle.' By- Edmund Burke We have allowed the system to be so corrupted that many want justice to be 'empathetic,' not blind. by- - Glenn Beck
Source: malaymail - 🏆 1. / 86 Read more »
UEM Sunrise chief quits days after Eco World merger proposalThe company says Anwar Syahrin Abdul Ajib tendered his resignation today and an announcement will be made ‘in due course’. FMTNews UEM EcoWorld Apek China dah songlap habis duit Eco World sekarang nak kerajaan bail out pula dengan merger ini. Saya rasa sudah tiba masa rakyat jangan memilih kerajaan sedia ada sekarang yg berhaluan seperti era BN dulu.
Source: fmtoday - 🏆 5. / 72 Read more »