MUI to sell London hotel

MUI, which has been helmed by Andrew Khoo (pic), the son of Tan Sri Khoo Kay Peng since December last year, said the appointment of Rothschild was to assist CHL in exploring strategic options, as well as

PETALING JAYA: In line with its strategy to rationalise the business under its new leadership, Malayan United Industries Bhd (MUI) is looking to sell the Corus Hotel Hyde Park in London, United Kingdom.

The group announced yesterday that its indirect unit, Corus Hotels Limited (CHL) had appointed international investment bank N.M. Rothschild & Sons Ltd (Rothschild), as its financial adviser on the sale.