MUI sets two-year turnaround plan

TheStar Sat, Dec 15, 2018 07:51am - 5 years View Original


Andrew: The mandate I have given them is to grow the business. If it is loss making, turn it around. If it is profitable, make it more profitable.

Andrew: The mandate I have given them is to grow the business. If it is loss making, turn it around. If it is profitable, make it more profitable.

Divisions given fresh KPIs to grow business

LESS than 24 hours after the announcement of his appointment as executive chairman of Malayan United Industries Bhd (MUI), 46-year-old Andrew Khoo met with the press to reveal his ambitious plans for the loss-making group.

The eldest son of Tan Sri Khoo Kay Peng says he wants to turn the company around in two years, and eventually give investors a dividend with a policy on such payment.

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