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Malayan United Industries on active trade with change in management

PETALING JAYA: Local tycoon Tan Sri Khoo Kay Peng’s Malayan United Industries Bhd (MUI) was among the most active stocks yesterday following the new appointment of Kay Peng’s son Andrew Khoo Boo Yeow as the new CEO. At market close, MUI’s share price gained 1 sen or 4.8% to 22 sen on some 31.94 million…

Khoo Kay Peng’s son to take over as MUI chief executive

KUALA LUMPUR (Dec 8): Malayan United Industries Bhd’s (MUI) major shareholder Tan Sri Khoo Kay Peng is set to relinquish his position as chief executive officer in favour of his son. In a filing with Bursa Malaysia, MUI said Andrew Khoo Boo Yeow, 45, will assume the CEO post effective Jan 1. Kay Peng, who…