MYNews to operate S. Korea’s CU stores under 10-year deal

MYNews Holdings Bhd will operate and sub-franchise South Korea’s popular convenience store brand CU under a 10-year agreement with BFG Retail Co. Ltd.

KUALA LUMPUR: MYNews Holdings Bhd will operate and sub-franchise South Korea’s popular convenience store brand CU under a 10-year agreement with BFG Retail Co. Ltd.

It said on Monday its unit MYCU Retail Sdn Bhd had signed a licensing agreement with BGF Retail, which is South Korea’s biggest convenience store operator and owner of the popular convenience store brand CU