MUI sasar kembali untung dalam tiga tahun

KUALA LUMPUR: Malayan United Industries Bhd (MUI) menyasarkan untuk kembali mencatat untung dalam tempoh tiga tahun akan datang menerusi transformasi model perniagaannya dengan menumpukan perniagaan berasaskan gaya hidup. Pengerusi Eksekutifnya yang baharu, Andrew Khoo Boo Yeow, berkata melangkah ke hadapan kumpulan akan menumpukan tiga fokus utama iaitu penstrukturan semula modal dan korporat, rasionalisasi aset kumpulan…

MUI Properties hopes to strike gold in Australia

MUI Properties Bhd is hoping to strike gold Down Under with its 40% investment in Nex Metals Explorations Ltd, a gold exploration company listed on the Australian Securities Exchange. The developer’s executive chairman and CEO, Andrew Khoo Boo Yeow, attributes the idea to his father, Tan Sri Khoo Kay Peng, who is the founder of…

MUI Properties goes for gold in Australia

KUALA LUMPUR (Dec 7): MUI Properties Bhd has taken up an associate stake in Nex Metals Explorations Ltd, a gold exploration company listed on the Australian Securities Exchange. The developer’s executive chairman and CEO, Andrew Khoo Boo Yeow said it is “an opportune time to do so” the price of gold has been rising steadily…

MUI Properties now owns 40.73pct of Australian gold miner

KUALA LUMPUR: MUI Properties Bhd wholly-owned Cesuco Trading Ltd (CTL) will convert an A$1.5 million secured convertible note in an Australian gold exploration company into ordinary shares. In its filing with Bursa Malaysia, MUI Properties said CTL, its Hong Kong-based investment company, had informed Nex Metals Explorations Ltd of its decision on the conversion. MUI…

MUI Group to invest RM10m in The Benjamin Barker Group

KUALA LUMPUR: Malayan United Industries Bhd (MUI) plans to invest more than RM10 million into The Benjamin Barker Group and retail the menswear label in Malaysia. “MUI Group plans to take up a minority stake in the company that owns the Benjamin Barker menswear label,” said MUI chairman and chief executive officer Andrew Khoo Boo…

AWANI Review: MUI Group – Staying in Fashion

The wheels are turning at MUI Group which owns brands like Laura Ashley, Metrojaya and Corus Hotel. Second-generation CEO and Executive Chairman Andrew Khoo has set out a transformation plan to bring MUI’s relevance back to the market after years of languishing performance. Among others, MUI is making rapid expansion into China and Australia through…

Metrojaya revamps retail offerings

KUALA LUMPUR: Malayan United Industries Bhd’s (MUI) 98.21 per cent-owned indirect subsidiary Metrojaya Departmental Stores Sdn Bhd is revamping its retail offerings. MUI wants to introduce new retail formats and brands targeting different consumer demographic profiles. Executive chairman and chief executive officer Andrew Khoo Boo Yeow said the focus was on experiential retailing, engaging shoppers…

Andrew Khoo, On The 3 Steps To Bring New Ideas To The Table

Being exposed to ventures outside the family business has its own perks. Here’s how the new executive chairman of Malayan United Industries (MUI) Andrew Khoo thrives by roping in fresh perspectives to the company. Stepping into his father’s shoes as the executive chairman of Malayan United Industries is a monumental task, but Andrew Khoo is…