MUI prepares for a new reality post-Covid-19


By P ARUNA

Andrew Khoo: “We have to be prepared for the industry landscape post-Covid 19 to be very different.”

A company with its core business in the hospitality and retail sectors, Malayan United Industries Bhd (MUI) is going through what could be one of its toughest challenges yet.

The asset-rich company, once known as among the top corporate powerhouses in Malaysia, is among those facing the harsh financial repercussions of the Covid-19 pandemic, with its retail and hotel businesses in Malaysia and overseas impacted due to lockdowns and movement restrictions.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MUI , prepares , new reality , post-covid-19 , Andrew Khoo ,

Next In Business News

European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Crest aims to ride semiconductor momentum
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India
Dollar posts worst year since 2017�
Beijing buys two-thirds of pledged US soybeans
China AI chip firm Biren raises US$717mil in Hong Kong IPO

Others Also Read