Overview
Description
Mynews Holdings Berhad is a Malaysian-based company that engages in the retail convenience store business. Its primary function is to provide easily accessible and diverse retail products ranging from daily essentials, snacks, beverages, and ready-to-eat meals, catering to the fast-paced lifestyle of urban consumers. Operating under the brand name 'myNEWS', the company has established a prominent presence in urban centers throughout Malaysia, strategically located in high foot traffic areas such as shopping malls, transportation hubs, and residential neighborhoods.
The company notably impacts the retail and consumer goods sectors, with additional operations in manufacturing and distribution through its wholly-owned subsidiaries. This vertically integrated business model allows Mynews Holdings Berhad to enhance its supply chain efficiency and expand its product offerings. In the financial market, Mynews Holdings Berhad is recognized for its contribution to the consumer services industry, emphasizing innovation in retail experience and convenience for on-the-go customers. The company plays a crucial role in Malaysia's retail landscape by continually adapting to consumer demands and leveraging its network to maintain a competitive edge in the convenience store segment.
About
CEO
Mr. Tai Wen Dang
Employees
276450
Address
Lot No. 3 Jalan Teknologi 3/1
Taman Sains Selangor 1 Seksyen 3 PJU 5 Kota Damansara
Petaling Jaya, 47810
Taman Sains Selangor 1 Seksyen 3 PJU 5 Kota Damansara
Petaling Jaya, 47810
Phone
60 3 6158 6000
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Specialty Retail
Country
Malaysia
MIC code
XKLS