KUALA LUMPUR (Feb 17): The MUI group, owned by Tan Sri Khoo Kay Peng, is reportedly in talks with its lenders to secure a fresh drawdown to keep its fashion and homeware retail chain Laura Ashley afloat, according to news reports.
KUALA LUMPUR (Dec 14): Malayan United Industries Bhd (MUI)'s new executive chairman Andrew Khoo Boo Yeow, who is the second oldest son of its former chairman Tan Sri Khoo Kay Peng, says he will consider selling the group's assets, even its prized ones, if it makes business sense.
KUALA LUMPUR (Dec 14): Tycoon Tan Sri Khoo Kay Peng (pictured) has resigned as the executive chairman of Malayan United Industries Bhd (MUI), after more than four decades of helming the company, and will be replaced by his son Andrew Khoo Boo Yeow.
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