Khoo Kay Peng retires as MUI executive chairman

KUALA LUMPUR: Khoo Kay Peng announced his retirement as Malayan United Industries Bhd (MUI) executive chairman today after helming the company for four decades. Concurrently, his son, Andrew Khoo Boo Yeow, has been appointed by the MUI board as the company’s executive chairman after assuming the role of group chief executive officer from Jan, 1,…