MUI confirms Corus Hotel Hyde Park is for sale

KUALA LUMPUR (April 30): Malayan United Industries Bhd (MUI) has confirmed a news report that it is putting its Corus Hotel Hyde Park in London up for sale. Britain’s The Times newspaper reported yesterday that MUI has appointed international investment bank N.M. Rothschild & Sons Ltd as its financial adviser for the sale. In a…

Laura Ashley makes it easier to personalize purchases

Long known for its pastoral English garden-inspired prints, iconic fashion and home decorating brand Laura Ashley is relying on technology far beyond its Victorian-era esthetic to grow its global online business. The company said it will partner with Oracle (NYSE:ORCL) Commerce Cloud to support its growing online presence and create an integrated customer experience across…

Khoo retiring as MUI chairman, son to take over

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,…

Khoo Kay Peng steps down as MUI chairman

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…

Tan Sri Khoo Kay Peng retires as MUI executive chairman

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.…