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Short Position

FOR a long time now, hardly anything positive has been taking place at asset rich yet loss-making group at Malayan United Industries Bhd or MUI.

Malaysian party keen to buy Khoo’s MUI stake

PETALING JAYA: A local party is understood to be interested in taking over Tan Sri Khoo Kay Peng’s stake in Malayan United Industries Bhd (MUI), an asset-rich company with businesses in real estate, hotels, retail, financial services as well as food and confectionery.

KLCI remains in the red in choppy trade

2017-04-11 theedgemarkets
KUALA LUMPUR (April 11): The FBM KLCI remained in the negative zone amid some choppy trade this morning, in line with the regional markets that came under pressure as geopolitical risks mounted.