Khoo retiring as MUI chairman, son to take over
PETALING JAYA: Prominent Malaysian corporate captain Tan Sri Khoo Kay Peng is retiring as executive chairman of Malayan United Industries Bhd (MUI) after having helmed the company for four decades.
He has been succeeded by his son, 46-year-old Andrew Khoo Boo Yeow, who assumed the role of group CEO on Jan 1 this year.
Under Khoo’s stewardship, MUI was transformed from a small manufacturer of toothbrushes and carton boxes into a large multi-national and multi-industry group.
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