youngmaninvesting

youngmaninvesting | Joined since 2020-06-02

Investing Experience Intermediate
Risk Profile Moderate

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Stock

2021-05-18 18:58 | Report Abuse

https://www.facebook.com/youngmanacademy/posts/133718605482673

Recently we can see some changes on PRIVASIA boardroom.
The Chairman Dato Mohamed Sharil left the post as he was appointed to join the DNB.
The three new members who joined...

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2021-05-18 18:57 | Report Abuse

https://www.facebook.com/youngmanacademy/posts/133719155482618

From the recent announcement by PRIVASIA, what attracted me is their Smart Port management system. Didn't know they already in port management for more than 20years.
This smart port thing is align with the recent PKA statement which....

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2020-10-12 10:43 | Report Abuse

OTHERS MYNEWS HOLDINGS BHD (MYNEWS) MYNEWS HOLDINGS BHD TO DEVELOP AND OPERATE SOUTH KOREAN CU CONVENIENCE STORES IN MALAYSIA
MYNEWS HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description MYNEWS HOLDINGS BHD (MYNEWS)

MYNEWS HOLDINGS BHD TO DEVELOP AND OPERATE SOUTH KOREAN CU CONVENIENCE STORES IN MALAYSIA
The Board of Directors of MYNEWS ("Board") wishes to announce that the Company via its wholly owned subsidiary, MYCU Retail Sdn Bhd (formerly known as Eemerge Incorporated Sdn Bhd)(628407-U)(“MYCU Retail”), has on 12 October 2020, executed the licensing agreement(“Licensing”) with BGF Retail Co., Ltd (“BGF”), South Korea’s biggest convenience store operator and owner of the popular convenience store brand CU.



BGF founded and established the “Korean Style Convenience Store” model that fits the domestic consumption patterns in 2012 and has continued innovations to enhance the quality of customers’ living by bringing new and pleasant experience to customers through the products and services customised to consumers’ lifestyle. Thus, the brand CU representing CVS for U.



CU, one of the leading convenience store brands with more than 15,000 stores in South Korea is expected to be opened in Malaysia in early 2021.



The salient points of Licensing are as follows:

Ten (10) years with an additional renewal term of ten (10) years
To operate and sub-franchise CU outlets in Malaysia
By adding CU to our existing retail brands namely, MYNEWS, WH Smith and MYNEWS SuperValue, we are offering Malaysians a new choice and shopping experience from South Korea, which is in line with our core business and passion in retail convenience. The addition of CU will open up new growth opportunities and enhance our capability to meet consumers’ demand. It will also increase the utilisation of our large scale food processing centre as CU is a popular destination for its fresh food offerings.

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2020-10-09 18:29 | Report Abuse

SUSPENSION OF SECURITIES
MYNEWS HOLDINGS BERHAD

Type Announcement
Subject SUSPENSION OF SECURITIES
Description REQUEST FOR SUSPENSION
The Board of Directors of Mynews Holdings Bhd. ("MYNEWS") wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the request for suspension in the trading of MYNEWS’ units with effect from 9.00 a.m. until 12.30 p.m., Monday, 12 October 2020 pending the release of a material announcement.



The request for suspension is made under subparagraph 3.1(c) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities.



This announcement is dated 9 October 2020.

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2020-07-29 11:21 | Report Abuse

sometimes when u think it's impossible, it breaks just like that
#trynottobelievewhatyousee

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2020-07-29 10:59 | Report Abuse

clearing 285, break 290 seems potential?

News & Blogs

2020-06-15 01:07 | Report Abuse

Great content & analysis. Pls do continue to share more, appreciate!

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2020-06-14 15:36 | Report Abuse

Based on chart, if able to break 645 and stay above, can challenge 70

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2020-06-13 21:49 | Report Abuse

TEKSENG - 转亏为盈,净利869%爆炸性增长!业务竟然是口罩&医疗用具的原料!
https://klse.i3investor.com/blogs/youngmaninvesting/2020-06-13-story-h1508760040.jsp

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2020-06-13 11:39 | Report Abuse

management didnt state clearly, perhaps that for adding new production line?

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2020-06-13 10:51 | Report Abuse

yes, solar impairment almost done and starts to contribute profit.
non woven and pvc segment getting higher revenue. with strong demand of medical items in the market, expecting better qr ahead!