EcoWorld has ceased talks on a proposed merger with Khazanah Nasional-owned UEM Sunrise Bhd. – UEM logo, January 13, 2021.
THE proposed merger between Khazanah Nasional-owned UEM Sunrise Bhd and Eco World Development Group Bhd has fallen through after the latter’s board decided to not pursue it. Property developer EcoWorld in a statement to Bursa Malaysia today said its board has decided not to pursue the proposed merger following a careful evaluation of the move.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EcoWorld calls off controversial proposed merger talks with UEM Sunrise | Malay MailKUALA LUMPUR, Jan 13 — EcoWorld Development Berhad said today it is no longer pursuing the proposed merger with UEM Sunrise Berhad (UEMS), citing the challenging environment that may result from the enforcement of a second lockdown. Its chairman Tan Sri Liew Kee Sin said calling off the... This is a temporary call off because rakyat are asking question regards to this merger. Once rakyat has forgotten the story this merger will take place very quietly. Wait and see
Source: malaymail - 🏆 1. / 86 Read more »
EcoWorld calls off merger with UEM SunriseThe decision was made after evaluating the proposal with its business plans, while considering the current business environment and MCO re-implementation. FMTNews EcoWorld UEMSunrise
Source: fmtoday - 🏆 5. / 72 Read more »
EcoWorld Malaysia calls off merger talks with UEM SunriseKUALA LUMPUR: Eco World Development Group Malaysia has ceased its merger talks with UEM Sunrise Bhd and it will now focus on its own business plans for FY2021. wow..awesome balls. Who want lah
Source: staronline - 🏆 4. / 75 Read more »