MUI in focus on assets sale, KLCI flat


KUALA LUMPUR:  Malayan United Industries (MUI), which is controlled  by low-key tycoon Tan Sri Khoo Kay Peng,  was the most active  stock in early Wednesday trade when it resumed trading after announcing plans to dispose of some assets.

At 9.49am, MUI was up 3.5 sen to 26.5 sen. This was despite it had posted net losses of RM2.31mil in the third quarter ended Sept 30, 2014 compared with net profit of RM15.92mil a year ago.

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