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.
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:
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.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
Senator urges govt to review UEM Sunrise-Eco World merger planMany parties see the merger as a 'bailout' to rescue Eco World, says Amanah's Raja Kamarul Bahrin. Wow Tan Sri Liew build only to sell? He sold SP Setia earlier
Source: malaysiakini - 🏆 20. / 51 Read more »
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
Source: fmtoday - 🏆 5. / 72 Read more »