PETALING JAYA: Prominent Malaysian corporate captain Tan Sri Khoo Kay Peng is retiring as executive chairman of Malayan United Industries Bhd (MUI) after having helmed the company for four decades. He has been succeeded by his son, 46-year-old Andrew Khoo Boo Yeow, who assumed the role of group CEO on Jan 1 this year. Under Khoo’s stewardship,…
KUALA LUMPUR: Tycoon Tan Sri Khoo Kay Peng (pic) 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. In a statement yesterday following the announcement of the resignation, MUI said Boo Yeow…
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. This would differ from the stance of…
Tan Sri Khoo Kay Peng announced his retirement as Malayan United Industries Bhd (MUI) executive chairman yesterday 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, 2018.…