KUALA LUMPUR: Shares in Malayan United Industries Bhd (MUI) continued to attract strong interest on Friday as Tan Sri Khoo Kay Peng is believed to have received offer for his stake in the company. “A strong local personality is keen on the takeover and has hired financial advisory firms to approach Khoo, who has been out of the public limelight for several years now,” said a source. MUI added 4.08%, or one sen to 25.5 sen. Last week, Starbiz reported that billionaire entrepreneur Wong Thean Soon better known as TS Wong has emerged in the shareholder list of MUI. Besides Wong, Datuk Jayakumar Paneer Selvam, said to be an investor linked to Wong, has also surfaced as a shareholder in MUI.

Source: The Star November 10, 2017 01:18 UTC