MyNews

myNEWS.com, commonly styled as myNEWS, is a Malaysian convenience-retail chain developed from a family-owned newsstand business. The company began on 25 December 1996, when Dang Tai Luk opened a small newsstand called MagBit at 1 Utama Shopping Centre. The original business focused primarily on newspapers, magazines and other print media, but the format gradually expanded into a broader convenience-retail proposition. In 1997, the first outlet using the myNEWS.com identity opened at Mid Valley Megamall, establishing the name that became associated with the chain. The business was subsequently organized through Bison Stores Sdn Bhd, which managed the expansion of outlets across Malaysia. Its early development was gradual: the operator reached 10 outlets after approximately three years, its 100th outlet in 2007, its 200th in 2014 and its 300th in 2016. On 2 October 2017, Bison Stores Sdn Bhd changed its corporate name to Mynews Retail Sdn Bhd, reflecting the growing importance of the consumer-facing myNEWS identity. The chain's stores are concentrated in urban locations, especially in Peninsular Malaysia. Typical sites include shopping malls, office and business districts, transportation hubs, airports and rail-linked locations such as LRT and MRT stations. The format combines traditional convenience-store merchandise with selected services designed for frequent, small-basket purchases. Depending on the outlet, customers may find newspapers and magazines, packaged food, beverages, snacks, household necessities, personal-care products, tobacco, pharmaceutical items and ready-to-eat food. Additional services have included mobile-phone prepaid top-ups, Touch 'n Go reloads, bill payment, money remittance, automated teller machines, photocopying, money changing and courier services. Food has become an increasingly important part of the operating model. The group has developed food-processing and ready-to-eat capabilities and has been associated with a Japanese Food Hub partnership. These activities allow selected stores to offer prepared meals and other food products alongside packaged convenience goods, supporting a more differentiated proposition than a traditional newsstand or small-format grocery shop. The company remains closely associated with the Dang family. Founder Dang Tai Luk led the group as chief executive for more than two decades before becoming Executive Chairman in September 2023. Dang Tai Wen, who joined the business during its early development and contributed to the brand's redesign, became Group Chief Executive Officer in September 2023. Dang Tai Hock oversees food-related operations as Chief Executive Officer (Food) and serves as an Executive Director. Members of the next generation of the family have also participated in the group's governance. The brand has also pursued environmental initiatives. Reported measures include a carbon-footprint assessment covering headquarters operations, solar installations at the headquarters and food-processing center, reuse of wooden pallets, expanded carton recycling, adoption of biodegradable alternatives to some conventional plastic products and recycling of used cooking oil into biofuel and biodiesel. The chain's scale has made network efficiency, food operations and sustainability relevant themes in its continuing development. Reference material describes the business as having more than 550 outlets and serving over three million customers monthly as of 2026, although the precise current figures should be verified against the latest company disclosure.

myNEWS.com traces its origins to 25 December 1996, when Dang Tai Luk established a small newsstand named MagBit at 1 Utama Shopping Centre in Malaysia. The initial format was centered on newspapers and magazines, reflecting the role of newsstands as convenient points of access to print media in major shopping locations. Dang Tai Wen and Dang Tai Hock were involved in the early development of the family business, which later expanded beyond its original product category. The first outlet carrying the myNEWS.com name opened at Mid Valley Megamall in 1997. This marked the beginning of the brand's transition from a single newsstand concept toward a repeatable retail format. Bison Stores Sdn Bhd was subsequently formed to manage and expand the network. During its early years, the company retained a strong print-media component but progressively added convenience merchandise, food and beverages, household goods and personal-care products. The expansion milestones show the gradual scaling of the chain. Bison Stores had opened 10 outlets after three years of operation, reached 100 outlets in 2007, passed 200 outlets in 2014 and opened its 300th outlet in 2016. The locations increasingly reflected the needs of urban consumers, with stores appearing in shopping centers, business areas, transport hubs, airports and rail-linked environments. This placement strategy supported quick purchases by commuters, office workers, shoppers and travelers. In May 2016, the myNEWS.com brand was licensed to two outlets at Yangon International Airport in Myanmar. The initiative extended the brand outside Malaysia, although Malaysia remained the core market. On 2 October 2017, Bison Stores Sdn Bhd changed its corporate name to Mynews Retail Sdn Bhd, aligning the legal company name more closely with the consumer brand. As the chain matured, its assortment broadened well beyond publications. Stores began selling packaged food, snacks, drinks, tobacco, personal-hygiene items, household products and pharmaceutical goods. Some locations also provided mobile prepaid services, Touch 'n Go reloads, bill payment, money remittance, automated teller machines, photocopying, money changing and courier services. The precise mix varies by store format and location. Food became a notable area of development. Through food-processing and ready-to-eat activities, including work associated with a Japanese Food Hub partnership, the group sought to make prepared meals and other food products a more important part of its convenience proposition. This evolution positioned myNEWS.com as a broader urban convenience retailer rather than solely a news and magazine seller. Governance has remained closely linked to the Dang family. Dang Tai Luk led the group as chief executive for over two decades before becoming Executive Chairman on 30 September 2023. Dang Tai Wen, who contributed to the business's design and brand development, succeeded him as Group CEO. Dang Tai Hock has responsibility for food operations and serves as an Executive Director, while members of the next generation have held alternate-director roles. The company has reported several sustainability measures, including carbon-footprint assessment at headquarters, solar generation at its headquarters and food-processing center, pallet reuse, carton recycling, reduced use of conventional plastic, biodegradable alternatives and the conversion of used cooking oil into biofuel and biodiesel. Reference material describes the chain as having more than 550 outlets, over 2,800 employees and more than three million monthly customers as of 2026. Those scale figures are time-sensitive and should be checked against the latest official company reporting.

• 2023

  Executive succession within the Dang family

  [1]MyNewsen.wikipedia.org

  Dang Tai Luk becomes Executive Chairman and Dang Tai Wen assumes the Group CEO role in September.

• 2017

  Corporate name changes to Mynews Retail

  [1]MyNewsen.wikipedia.org

  Bison Stores Sdn Bhd changes its corporate name to Mynews Retail Sdn Bhd on 2 October.

• 2016

  300th outlet and Myanmar licensing

  [1]MyNewsen.wikipedia.org

  The chain opens its 300th outlet and licenses the myNEWS.com name for two outlets at Yangon International Airport.

• 2014

  200th outlet milestone

  [1]MyNewsen.wikipedia.org

  The chain reaches 200 outlets.

• 2007

  100th outlet milestone

  [1]MyNewsen.wikipedia.org

  The operating company reaches its 100th outlet in Malaysia.

• 1997

  First myNEWS.com outlet opens

  [1]MyNewsen.wikipedia.org

  The first outlet using the myNEWS.com identity opens at Mid Valley Megamall.

• 1996

  MagBit newsstand opens

  [1]MyNewsen.wikipedia.org

  Dang Tai Luk opens the original MagBit newsstand at 1 Utama Shopping Centre on 25 December, establishing the business that later becomes myNEWS.com.

Urban Malaysian convenience retail combining news and print-media heritage with packaged goods, prepared food and selected everyday services.

• Convenience retail

  Convenience retail assortment

  The core store assortment includes everyday products intended for quick, frequent purchases. It spans packaged food, snacks, confectionery, beverages, household necessities, personal-hygiene products, tobacco and selected pharmaceutical or health-related items. The mix varies according to store location and format.

• Print media retail · 1996

  Newspapers and magazines

  Print media is part of myNEWS.com's original business heritage. The first MagBit newsstand focused on newspapers and magazines, and the brand continued to carry print publications as it developed into a broader convenience chain.

• Prepared food

  Ready-to-eat food

  Selected outlets offer prepared and ready-to-eat food supported by the group's food-processing activities. The category is intended to serve commuters, office workers and other customers seeking a quick meal rather than only packaged groceries.

• Prepared food

  Japanese Food Hub offerings

  The group's food activities include offerings associated with a Japanese Food Hub partnership. These products form part of the chain's effort to expand its food proposition and differentiate selected stores through prepared and Japanese-inspired convenience meals.

• Convenience services

  Retail and payment services

  Depending on the outlet, myNEWS.com provides services such as mobile prepaid top-ups, Touch 'n Go reloads, bill payment, money remittance, ATM access, photocopying, money changing and courier services. Availability depends on location and operating arrangements.

• 2023

  Transfer the Group CEO role to the next operating leaderOther

  Background

  After more than two decades leading the group as chief executive, founder Dang Tai Luk moved toward a supervisory role.

  Action taken

  Dang Tai Luk became Executive Chairman, while Dang Tai Wen became Group Chief Executive Officer in September.

  Aftermath

  The change preserved family control while establishing a new day-to-day leadership arrangement.

  Source

• 2017

  Adopt the Mynews Retail corporate nameStrategy

  Background

  The consumer-facing myNEWS identity had become central as the business expanded from print-media retail into convenience stores.

  Action taken

  Bison Stores Sdn Bhd changed its name to Mynews Retail Sdn Bhd on 2 October.

  Aftermath

  The corporate name became more closely aligned with the retail brand used across the outlet network.

  Source

• 2016

  License the brand for Yangon airport outletsStrategy

  Background

  The Malaysian convenience chain sought a limited presence outside its home market.

  Action taken

  The myNEWS.com brand was licensed to two outlets at Yangon International Airport.

  Aftermath

  The move provided an international extension of the brand, while Malaysia remained the principal operating market.

  Source

• 2023

  Dang family leadership transition[1]MyNewsen.wikipedia.org

  Leadership change

  Dang Tai Luk moved from the Group CEO role to Executive Chairman, while Dang Tai Wen became Group CEO. The change preserved the family's leadership while creating a new operating succession structure.

• 2017

  Bison Stores adopts Mynews Retail name[1]MyNewsen.wikipedia.org

  Other

  Bison Stores Sdn Bhd changed its corporate name to Mynews Retail Sdn Bhd as the myNEWS retail identity became central to the group's operations.

• 2016

  myNEWS.com brand licensed for outlets at Yangon International Airport[1]MyNewsen.wikipedia.org

  M&A · Other

  The myNEWS.com brand was licensed to two outlets at Yangon International Airport, representing an expansion beyond its Malaysian operating base.

1. 1MyNewsen.wikipedia.org
2. 2myNEWS.com official websitemynews.com.my