EcoWorld calls off proposed merger with UEM Sunrise

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.

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