South Korean tie-up could lend strength to MyNews

The opening of CU stores could be MyNews’ most prominent driver of growth, according to AmInvestment Bank

KUALA LUMPUR: While the full recovery in retail footfall this year may be uneven due to the ongoing pandemic, MyNews Holdings Bhd is still expected to be on a better footing, going forward, as it gradually reaps the benefits of its partnership with South Korea’s leading convenience store brand CU.

The opening of CU stores could be MyNews’ most prominent driver of growth, according to AmInvestment Bank. The synergistic dynamic between the two convenience store franchises is something worth market consideration.