MUI Group continues to unlock asset value
Andrew Khoo Boo Yeow, the son to whom Tan Sri Khoo Kay Peng passed the baton six years ago, has been in the thick of action to unlock the MUI group’s asset value over the past two years.
Andrew Khoo Boo Yeow, the son to whom Tan Sri Khoo Kay Peng passed the baton six years ago, has been in the thick of action to unlock the MUI group’s asset value over the past two years.
Gamuda Bhd is acquiring 389.7 acres of land in the Springhill Industrial Park, Port Dickson for RM424.4 million, cash, from a joint venture (JV) between MUI Properties Bhd and Chin Teck Plantations Bhd.
Malayan Industries Bhd (MUI Group) is set to reopen its Metrojaya outlet in Mid Valley Megamall in Kuala Lumpur on Aug 29 with a refreshed shopping experience. The outlet was closed in February for renovation works, says MUI Group chairman and CEO Andrew Khoo.
MUI Properties Bhd is selling 53 acres of freehold land in Port Dickson, Negeri Sembilan, to Antmed Malaysia Sdn Bhd for RM80.8 million in cash. The land, located in Bandar Springhill, currently agricultural, will be converted to medium industrial use by the buyer, a subsidiary of Shenzen Antmed Company Ltd, a Chinese firm specialising in…
Scentses + Co, a Malaysia-based perfume startup, has raised an undisclosed amount of seed funding from Fave co-founder Yeoh Chen Chow as well as Malayan United Industries (MUI) Group through its venture arm Pan Malaysia Ventures. Founded by sisters Sadira Yeong and Sabreena Yeong in July 2020, Scentses + Co offers perfume subscription services that allow customers to get different products…
Scentses + Co, Malaysia’s first designer perfume subscription service that allows subscribers to discover different designer perfumes every month, has announced a strategic partnership and a lead investment from Malayan United Industries Bhd (MUI) through its venture arm, Pan Malaysia Ventures Sdn Bhd under Pan Malaysia Corporation Bhd. By leveraging the strength and backing of…
KUALA LUMPUR (Jan 25): Diversified group Malayan United Industries Bhd (MUI), through its venture arm Pan Malaysia Ventures Sdn Bhd, has emerged as the lead investor in designer perfume-subscription service provider Scentses + Co’s seed-funding round under a strategic partnership that will allow Scentses + Co and MUI to effectively offer a more holistic retail…
The Regency Hotel Hospitality Ltd (RHH), a wholly-owned indirect subsidiary of Malayan United Industries (MUI) Bhd, is selling a property in Shirley, West Midlands, for £6.5 million (RM36.22 million). RHH is selling 4.2 acres of freehold land with a 111-room three-star hotel measuring about 77,526 square feet to Westbourne Leisure Ltd, MUI announced last Friday…
KUALA LUMPUR: Malayan United Industries Bhd (MUI) has inked a deal to sell a 4.2-acre freehold land together with a hotel in Britain for £6.5mil cash (RM36.22mil) to Westbourne Leisure Ltd. In a filing with Bursa Malaysia, the group said its wholly-owned subsidiary The Regency Hotel Hospitality Ltd had entered into an agreement with Westbourne on Dec…
KUALA LUMPUR (Dec 31): Malayan United Industries Bhd (MUI) has said its British unit is disposing of a land together with a 111-room hotel in Shirley, West Midlands for £6.5 million (RM36.22 million). The Regency Hotel Hospitality Ltd, a wholly-owned indirect subsidiary, is selling the property to Westbourne Leisure Ltd, MUI said in a bourse…