MYNEWS HOLDINGS BERHAD
Last Price: 0.635
TTM Dividend Yield : 0%
Coming Quarter Report: ~ 2021-03-23
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Sector: Food & Drug Retailing
myNEWS Holdings Berhad, formerly Bison Consolidated Berhad, is a Malaysia-based investment holding company. The Company, together with its subsidiaries, is engaged in operating the press and retail convenience business. The Company is engaged in conceptualization, development, expansion, management and operation of a press and convenience retail chain throughout Malaysia under its trade names of myNEWS.com, newsplus, MAGBIT, THE FRONT PAGE, as well as that of WHSmith. Its WHSmith brand retails newspapers, books and convenience products within international airports in Malaysia. The Company’s outlets are located mainly in Kuala Lumpur and Selangor in Malaysia; they offer a product mix comprising print media, convenience retail products and consumer services. The Company’s subsidiaries include Bison Stores Sdn Bhd and Eemerge Incorporated Sdn Bhd, which are retailers of print media and convenience items, and Bison Foods Sdn Bhd, which operates food and beverage restaurants, among others.
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In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from operations (FCFO), refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long – term investment on capital items or investment in securities.(From Wiki)
Mynews Holdings Bhd through its subsidiaries is engaged in the manufacture and convenience retailing, comprising the operations of a press and convenience retail chain in Malaysia under the trade name of myNEWS.com, newsplus, MAGBIT and THE FRONT PAGE. The company operates principally in Malaysia and in the print media and retail convenience segment.