Analysts neutral on the cessation of EcoWorld and UEM Sunrise merger deal
The most anticipated merger deal between Eco World Development Group Bhd (EcoWorld) and UEM Sunrise Bhd has been called off after three months of discussions.
UEM Sunrise terminates all merger discussions with EcoWorld
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.
EcoWorld calls off proposed merger with UEM Sunrise
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).
Ex-Boustead MD Amrin 'might be heading' to UEM Sunrise
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.
UEM Sunrise and EcoWorld proposed merger does not require Cabinet approval — MoF
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.
SC approves UEM Sunrise's application for time extension on proposed merger
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).
UEM Sunrise’s 3Q losses narrow on greater construction activities and higher sales
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.
UEM Sunrise launches new phase of Senadi Hills
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.
UEM Sunrise appoints two directors
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.
An opportunity to review tenancy mix
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.
