UEM Group proposes merger of subsidiary UEM Sunrise with Eco World


KUALA LUMPUR: UEM Sunrise Bhd and Eco World Development Bhd have received a letter from UEM Group Bhd proposing for a merger into an enlarged group.

In a filing with Bursa Malaysia Monday, EcoWorld said it had on Oct 2 received a letter from UEM Group, proposing for the board to consider and deliberate on the proposed merger.

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