EcoWorld wants more to time for merger decision


In a filing with Bursa Malaysia yesterday, Eco World said: “The board has requested until Jan 2,2021 to respond with a decision to UEM Group Bhd to coincide with the date requested by UEM Sunrise Bhd. The company will make further announcements on any material development in due course, ”

PETALING JAYA: Eco World Development Group Bhd has asked for more time to consider UEM Group Bhd’s proposed merger proposal.

In a filing with Bursa Malaysia yesterday, Eco World said: “The board has requested until Jan 2,2021 to respond with a decision to UEM Group Bhd to coincide with the date requested by UEM Sunrise Bhd. The company will make further announcements on any material development in due course, ”it added.

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Eco World , UEM Group , merger , UEM Sunrise , Khazanah ,

   

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