Second generation ownership accelerating efforts to revive company

THE days of it being a conglomerate, trying to cover as many business sectors as possible, are over.

As far as Malayan United Industries Bhd (MUI), which is currently undergoing a corporate restructuring and business transformation process, is concerned, the way forward is to focus on its core competencies and build a sustainable organisation that brings value to all its stakeholders.

MUI chief executive officer Andrew Khoo Boo Yeow, who is now in the driver’s seat to revive the loss-making company, says the main goal is to ensure that the group is positioned to be sustainable in the long run.

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