Mynews Holdings Berhad (5275)

Overview

Mynews Holdings Berhad, headquartered in Petaling Jaya, Malaysia, is an eminent player in the retail and convenience store industry within Malaysia. Initially known as Bison Consolidated Berhad, the company underwent a rebranding to Mynews Holdings Berhad in December 2017. Since its inception in 1996, Mynews Holdings Berhad has expanded its business scope to include not only the operation of retail outlets but also diving into the tech field with its involvement in software related to DKE publications and magazine distribution. Furthermore, it extends its services to include the implementation, maintenance, and technical support for its proprietary software, showcasing a versatile business model. As a subsidiary of D&D Consolidated Sdn. Bhd., Mynews Holdings Berhad brings a varied offering to the market, especially with its focus on convenience stores under the well-recognized myNEWS brand.

Products and Services

The comprehensive array of products and services offered by Mynews Holdings Berhad can be categorized into the following sectors:

• Retail and Convenience Store Business: Under the flagship myNEWS brand, this sector represents the core business of operating convenience stores across Malaysia, providing a wide array of consumer goods including snacks, beverages, and personal care items, catering to the daily needs of the local populace.
• DKE Publications and Magazine Distribution Software: This facet of the business focuses on the research, development, and commercialization of sophisticated software solutions tailored for the distribution of DKE publications and magazines. It signifies Mynews Holdings Berhad's venture into technological advancements to streamline and enhance distribution operations.
• Technical Services: Beyond software development, Mynews Holdings Berhad offers comprehensive support including implementation, maintenance, and technical services for its clients. This ensures ongoing operational efficiency and customer satisfaction with their software solutions.
• Management Services: The company extends its expertise by offering management services, leveraging its industry experience to provide strategic management consulting and operational oversight, enhancing the overall performance and profitability of the businesses it manages.
• Prepared and Ready-to-Eat Meals: Recognizing the growing market demand for convenience in food consumption, Mynews has ventured into the production, manufacture, and sale of a variety of prepared and ready-to-eat meals. These offerings cater to consumers looking for quick and easy meal solutions without compromising on taste and quality.
• Bakery Products: In addition to ready-to-eat meals, Mynews Holdings Berhad has developed a niche in producing and selling bakery products, ranging from breads to pastries. These freshly made items are catered towards consumers seeking both convenience and quality in their bakery purchases.