Our Blog

Discover recent news and events!

Pan Malaysia beli 51 peratus saham A&W Malaysia

KUALA LUMPUR: Pan Malaysia Corp Bhd memeterai perjanjian jual dan beli bersama Inter Mark Resources Sdn Bhd (IMR) untuk mengambil alih 31.62 juta saham, atau 51 peratus kepentingan dalam A&W (M) Sdn Bhd (A&W Malaysia). Dalam makluman kepada Bursa Malaysia hari ini, Pan Malaysia berkata cadangan pembelian itu, yang bernilai RM21.04 juta, akan dilaksanakan menerusi…

Read more

MUI Group’s PMC to buy 51% stake in A&W Malaysia

KUALA LUMPUR (Bernama) — Pan Malaysia Corporation Bhd (PMC) has proposed to acquire a 51% share in A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd for RM21.04 million. In a filing with Bursa Malaysia today, PMC said the acquisition would be satisfied via a combination of cash amounting to RM11.57 million and a transfer of…

Read more

MUI’s transformation journey

PETALING JAYA: The Covid-19 pandemic has disrupted businesses for the entire 2020, even more so for Malayan United Industries Bhd (MUI), which has been trying to forge a turnaround since 2018. Being involved primarily in the retail, hospitality and property businesses, it is to no surprise that MUI was adversely affected this year, besides Covid-19’s attempt in…

Read more

Operasi Metrojaya tidak ditutup

KUALA LUMPUR: Metrojaya Bhd (Metrojaya) meneruskan operasi perniagaan peruncitannya seperti biasa termasuk rangkaian anak syarikatnya seperti MJ Department Stores Sdn Bhd dan EIC Clothing Sdn Bhd. Ia sekali gus menyangkal laporan bahawa syarikat itu sudah ‘gulung tikar’ disebabkan pandemik COVID-19. Metrojaya adalah anak syarikat Malayan United Industries Bhd (MUI), yang memiliki kepentingan sebanyak 98.21 peratus.…

Read more

MUI clarifies Metrojaya Bhd continues operating as usual

KUALA LUMPUR (June 1): Malayan United Industries Bhd (MUI) clarified today that its 98.21%-owned subsidiary Metrojaya Bhd continues to operate its retailing business as usual through various subsidiaries including MJ Department Stores Sdn Bhd’s outlets and EIC Clothing Sdn Bhd’s East India Company specialty store. MUI said in a Bursa Malaysia filing dated May 31…

Read more

Business as usual for Metrojaya

KUALA LUMPUR: Metrojaya Bhd has clarified that its Metrojaya department stores and East India Company speciality store are running as usual. “The company is aware that there has been some confusion over the winding-up news of two of its dormant subsidiaries, Metrojaya Department Stores Sdn Bhd (MDS) and East India Company Clothing (Malaysia) Sdn Bhd…

Read more