KUALA LUMPUR, Aug 15 — UEM Sunrise Bhd has acquired its first residential development site in Subiaco East in Perth, Western Australia for A$22.18 million about RM66.39 million.

KUALA LUMPUR, Oct 5 — UEM Group Bhd (UEM) is proposing UEM Sunrise Bhd and Eco World Development Group Bhd to consider and deliberate on a potential merger between the two companies, to create one of Malaysia’s largest property companies and sustain long-term value creation and growth.