Govt must rethink UEM Sunrise-EcoWorld merger, says Raja Bahrin

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Former deputy housing minister says the proposed deal raises many questions, including how it will be detrimental to UEM Sunrise and Khazanah, and benefit EcoWorld. FMTNews UEMSunrise EcoWorld

Terengganu Amanah chief Raja Kamarul Bahrin says the sudden resignation of UEM-Sunrise CEO Anwar Syahrin Abdul Ajib took many by surprise.

In a statement, Senator Raja Kamarul Bahrin said the sudden resignation of UEM Sunrise CEO, Anwar Syahrin Abdul Ajib yesterday, just days after reports of the proposed merger emerged, also took many by surprise.“Many are of the view that this merger will be detrimental to UEM Sunrise and Khazanah, and benefit EcoWorld,” he said, calling for the government and its main investment arm to study the appropriateness of such a deal.

Source: News Formal (newsformal.com)

 

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What ever lah...khazanah untung also rakyat no benefit anythg

bailout of a private entity, read: crony, using taxpayers money... full stop

bailing out a Chinese tycoon?

Bail out kroni la nih..

Kenapa Uem nak merge dengan company yang bermasaalah dengan hutang. Harga pula mahal.

LIEW KEE SIN mess up in Battersea project after investing using PNB and EPF money when £ was high,sell when £'s low.he BAILED OUT quickly and now want to BAIL OUT again his eco world knowing no buyer of his houses!!! via KHAZANAH.this was how Lotus bailed via proton in norwich

SP Setia Reloaded

Cronies use rakyat fund to bail out tycoon bad debt company and in exchange cronies get benefits from them too...😅 They are not stupid okie..

Taikun maa kena lah bail out.

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UEM Group, Sunrise and Eco World stay tight-lipped as merger talk draws criticism | Malay MailKUALA LUMPUR, Oct 9 — The proposed merger between UEM Sunrise and Eco World has courted controversy as opponents are reading it as yet another attempt to bail out a beleaguered company. Critics of the Perikatan Nasional government have taken to social media to accuse UEM Group, UEM Sunrise’s... Khazanah u hv money to bail private entity ecoworld but u shy away to save MAS our national pride? Shame on you and MOF. When bad men combine, the good must associate else they will fall one by one, an unpitied sacrifice in a contemptible struggle.' By- Edmund Burke We have allowed the system to be so corrupted that many want justice to be 'empathetic,' not blind. by- - Glenn Beck
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UEM Sunrise chief quits days after Eco World merger proposalThe company says Anwar Syahrin Abdul Ajib tendered his resignation today and an announcement will be made ‘in due course’. FMTNews UEM EcoWorld Apek China dah songlap habis duit Eco World sekarang nak kerajaan bail out pula dengan merger ini. Saya rasa sudah tiba masa rakyat jangan memilih kerajaan sedia ada sekarang yg berhaluan seperti era BN dulu.
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