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ECO World Development Bhd on Wednesday abandoned merger talks with UEM Sunrise Bhd, as its chairman Tan Sri Liew Kee Sin said the developer is seeking to pursue its own business plan.
KUALA LUMPUR: Stocks to watch on Thursday include AE Multi Holdings Bhd, Dayang Enterprise Holdings Bhd, HeiTech Padu Bhd, Eco World Development Group Bhd, UEM Sunrise Bhd and Chin Hin Group Bhd, according to JF Apex Research.
KUALA LUMPUR: Eco World Development Group Malaysia has ceased its merger talks with UEM Sunrise Bhd and it will now focus on its own business plans for FY2021.
THE fifth annual ceremony of the StarProperty Awards 2020: Real Estate Developers was conducted in cyberspace for the first time, recognising the outstanding winners in over 30 categories and sub-categories.
THE market is expected to have a clearer direction this year once the dust caused by the Covid-19 pandemic has settled.
PETALING JAYA: Axiata Group Bhd has redesignated Datuk Mohd Izzaddin Idris as group chief executive officer effective today to replace Tan Sri Jamaluddin Ibrahim who retired from the position yesterday.
KUALA LUMPUR: Sime Darby Plantation, Uzma, AME Elite Consortium and Stella Holdings are among the stocks which could see trading interest on Thursday following their corporate news, JF Apex Research says.
PETALING JAYA: Eco World Development Group Bhd has decided to commence discussion and explore the feasibility of the proposed merger with UEM Sunrise Bhd.
KUALA LUMPUR: UEM Sunrise Bhd is selling 169.8 acres of industrial plots in Iskandar Puteri to AME Elite Consortium Bhd’s subsidiaries for RM434.3mil under a proposed strategic collaboration between the two companies.