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Company type | Public limited company |
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MYX: 3891 | |
ISIN | MYL3891OO008 |
Founded | 28 May 1960 |
Headquarters | |
Key people | Khoo Kay Peng, Chairman & CEO |
Subsidiaries | List of subsidiaries |
Website | www |
Malayan United Industries Berhad (MUI; MYX : 3891) is a Malaysian holding company. It was founded in 1960, and owned by Khoo Kay Peng. The main businesses of the group includes retailing, hotels, food and confectionery, financial services, property, travel and tourism. The group has business presence in the UK, Continental Europe, the US, Canada, the UAE, Malaysia, Thailand, Australia, Hong Kong, China, Japan and Singapore.
Some of the major company names in MUI group includes Metrojaya Berhad, Laura Ashley plc, Corus Hotels and Network Foods. The company also purchased evangelist Jim Bakker's bankrupt Heritage USA Christian resort and theme park in Fort Mill, South Carolina, in 1991 and operated it for a number of years under its subsidiary, Regent Carolina Corporation, before selling the property in the mid-2000s. In recent years, MUI relocated Laura Ashley's United States corporate headquarters to a building at the former Heritage USA site that once served as Jim Bakker's PTL ministry headquarters.
Heritage USA was an American Christian-themed water park, theme park and residential complex in Fort Mill, South Carolina, built by televangelist Jim Bakker and his wife Tammy Faye Bakker, founders of The PTL Club.
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Sir Bernard Albert Ashley was an English businessman and engineer. He was the husband of Laura Ashley, and was her business partner from the founding of their fashion-textiles-centred business.
Regent Park is the new name given to a portion the former Heritage USA property in Fort Mill, South Carolina, just south of Charlotte, North Carolina that was originally developed by evangelist Jim Bakker and his then wife Tammy Faye Bakker Messner, founders of the PTL Ministry. The property was purchased out of bankruptcy by MUI Corporation and redeveloped largely as a residential community. MUI's subsidiary, Regent Carolina Corporation added a golf course and golf academy and subdivided much of the undeveloped property for single-family homes and townhouses. In late 2004 Regent Carolina Corporation sold the remaining properties to area builders and developers and in February 2007 they sold their interest in the golf course and academy to a private corporation. In the year 2016, the golf course was sold and planned to be residentially developed in the future.
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The PTL Club, also known as The Jim and Tammy Show, was a Christian television program that was first hosted by evangelists Jim and Tammy Faye Bakker, running from 1974 to 1989. The program was later known as PTL Today and as Heritage Today. During its final years, The PTL Club, which adopted a talk show format, was the flagship television program of the Bakkers' PTL Satellite Network.
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The PTL Television Network, often referred to as simply PTL, is an American evangelical Christian television network originally located in Fort Mill, South Carolina, founded by Jim and Tammy Faye Bakker in 1974 and dedicated in April 1977. During PTL's fourteen-year history, the Bakkers, as hosts of the network's flagship talk show, The PTL Club, became two of the most recognizable and highly-rated televangelists in the U.S. However, PTL collapsed in 1987 after a former church secretary, Jessica Hahn, accused the evangelist of rape, while later financial scandals revealed that the couple had used the nonprofit PTL's donations to fund an opulent personal lifestyle. Bakker went to prison for embezzlement in 1989.
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