Mynews Holdings Berhad is a home-grown press and retail convenience outlet chain with 454 outlets throughout Malaysia. Its outlets are located across shopping malls, mixed development buildings, transportation hubs, and high-street shoplots. It opened its very first print media outlet, MAGBIT in 1996 in 1 Utama Shopping Centre. Ten years later, it was listed as Bison Consolidated Berhad and subsequently adopted its current name in line with the group’s branding activity.

I was curious how the recently-launched F&B concept, Maru Kafe, would give Mynews a competitive edge over its peer, FamilyMart. With this mind, I attended its recent 2019 annual general meeting.

Here are seven things I learned from the 2019 Mynews AGM:

1. As at 31 October 2018, Mynews owned 454 outlets throughout Malaysia. It aims to increase its presence in urban and suburban locations with heavy foot traffic primarily on the west cost of Peninsular Malaysia. Approximately