News about UEM Sunrise

KUALA LUMPUR (Jan 13): UEM Sunrise Bhdhas ended all discussions on the proposed merger with Eco World Development Group, following EcoWorld’s earlier announcement on calling off the proposed merger deal.

PETALING JAYA (Jan 13): After more than three months of discussions, Eco World Development Group Bhd has decided not to pursue the proposed merger further with UEM Sunrise Bhd, said the company chairman Tan Sri Liew Kee Sin (pictured).

KUALA LUMPUR (Dec 5): There is “speculation” that ex-managing director of Boustead Holdings Bhd Datuk Seri Amrin Awaluddin (pictured) “might be heading to UEM Sunrise Bhd to become its MD/CEO”, The Edge Malaysia reported this week.

KUALA LUMPUR (Dec 2): The proposed merger of UEM Sunrise Bhd and EcoWorld Development Group Bhd, which was put forth by UEM Group, does not require the approval of the Cabinet, said Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR (Dec 2): The Securities Commission Malaysia (SC) has approved UEM Sunrise Bhd's application for an extension of time to announce any firm intention to make a takeover offer with regard to its proposed merger with Eco World Development Group Bhd (EcoWorld).

KUALA LUMPUR (Nov 24): While UEM Sunrise Bhd remained in the red in the third quarter ended Sept 30, 2020 (3QFY20), the net loss narrowed to RM28.

JOHOR BAHRU (Nov 16): UEM Sunrise Bhd unveiled the phase 1B of Senadi Hills in Iskandar Puteri, Johor, today offering 120 units of freehold terrace house to homebuyers.

KUALA LUMPUR (Nov 6): UEM Sunrise Bhd has announced the appointment of Chari Thandalam Veeravalli Thirumala and Poh Ying Loo as its new independent non-executive directors in the board of directors effective today.

Sara Fang Horton, UEM Sunrise Bhd’s head of retail strategy “There is a pronounced drop in footfall and our tenants’ sales when the CMCO in the Klang Valley was announced on Oct 14.

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