Laura Ashley Holdings Plc has announces that its chairman Tan Sri Dr Khoo Kay Peng has retired and is stepping down with immediate effect. Tan Sri Dr Khoo, who has been chairman for the UK brand since 1999, will be replaced by Andrew Khoo Boo Yeow, Non-Executive Director of the Company and current Executive Chairman…
Retailer Laura Ashley is set to close 40 of its stores as it pays its attention to expanding its market in China. The company’s new chairman said he expects to reduce the number of UK stores from 160 to 120. Andrew Khoo said that he wanted larger stores to “showcase the brand.” He added that…
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.…
KUALA LUMPUR: Tan Sri Khoo Kay Peng, 79, has announced his retirement today as executive chairman of Malayan United Industries Bhd (MUI) after four decades at its helm. Concurrently, his eldest son Andrew Khoo Boo Yeow, 46, has been appointed by the MUI board as its executive chairman after assuming the role of group chief…
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,…
Corporate Captain Retires After Four Illustrious Decades at MUI After four decades at its helm, Tan Sri Dato’ Khoo Kay Peng announced his retirement as Executive Chairman of Malayan United Industries Berhad (MUI). Concurrently, Mr. Andrew Khoo Boo Yeow, 46, has been appointed by the MUI Board as their Executive Chairman after assuming the role…
LONDON (Alliance News) – Laura Ashley Holdings PLC on Thursday said Non-Executive Chairman Tan Sri Dr Khoo Kay Peng is retiring and has resigned with immediate effect. Kay Peng has been the Chairman of the textile design company since 1999. Non-Executive Director Andrew Khoo Boo Yeow has been appointed by Laura Ashley as new non-executive…