MUI to raise profits by cutting debt costs


  • Business
  • Thursday, 12 Oct 2006

PETALING JAYA: THE diversified businesses of Malayan United Industries Bhd (MUI), which has been keeping a low profile, will be more robust after the group cuts its huge borrowings and interest costs, analysts said.  

“Right now, reducing interest costs is more important than expanding. They were paying more than RM200mil a year in interest costs.  

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