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…