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EcoWorld merger plan favours UEM Sunrise, says Kenanga

In a note today, analyst Lum Joe Shen said the deal is slightly more of a positive for UEM Sunrise as it stands to gain from EcoWorld’s strengths in marketing and township planning that could help boost sales, while also reducing earnings volatility from UEM Sunrise’s lumpy overseas contributions.

Confirmed one Covid-19 case at Paradigm Mall

The company said through a Facebook post that the outlet is temporarily closed and will undergo a thorough sanitisation and deep cleaning process, while contact tracing will be performed following the Ministry of Health’s (MOH) guidelines