The making of a RM150bil GDV company


We can make a general summary that indeed UEMS is larger than ECW on all counts

Late last week, there was again renewed market rumour of yet another attempt to merge UEM Sunrise (UEMS) and Eco World Development Group (ECW).

The news item that originated from down south suggested that ECW owners are insisting on management control should the planned merger go through. It was also suggested that the planned merger would be on a share-swap basis.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

GGDV , company , UEM Sunrise , Eco World , financial markets ,

   

Next In Business News

Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve
Hong Kong central bank keeps key rate unchanged, tracks Fed move
Westports' 1Q net profit rises to RM204.51mil
FBM KLCI nearly flat at lunch break
MAB Engineering secures country's first aircraft maintenance digital certification
Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
Agricore inks underwriting deal with M&A Securities
Malaysia's manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth - S&P Global
DBS quarterly results trounce forecasts, another record year expected

Others Also Read