A company with its core business in the hospitality and retail sectors, Malayan United Industries Bhd (MUI) is going through what could be one of its toughest challenges yet.
The asset-rich company, once known as among the top corporate powerhouses in Malaysia, is among those facing the harsh financial repercussions of the Covid-19 pandemic, with its retail and hotel businesses in Malaysia and overseas impacted due to lockdowns and movement restrictions.
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