Just for your information, I shift to Indonesia and work as expatriate earning in USD and my company pay it employees must better than what local Malaysia company pay to it local employees.
EX-FINANCE MINISTER HAD BEEN EYEING A BLOCK IN MYNEWS?
Ex-Finance Minister cum current MP Titiwangsa which is YB Datuk Seri Johari Abdul Ghani soon may merge to be major shareholder of Mynews.
Datuk Seri Johari Abdul Ghani's interest in taking up a block with market talk is quiet coincidence with Mynews announcement for a proposed fundraising exercise through the issuance of new shares.
Mynew said the proposed placement has been identified to third-party heavy investors at an issue price to be determined later.
Interestingly, Mynews founder and CEO - Dang Tai Luk has slowly raised equity interest in Mynews by more than 2 million shares since early May 2023.
Datuk Seri Johari Abdul Ghani's track record in corporate scene was successfully managing Pepsi and Permanis Sdn Bhd, a soft drink bottling plant and sold to Japanese beverage giant Asahi Group in 2011 for a whopping near to RM900 million. Impressively YB Datuk Seri Johari Abdul Ghani only bought Permanis by RM70 million in 2005.
He is well known for a corporate turnover, structuring expertise, chartered accountant and had fame from his time at the helm by owned KFC, Pizza Hut and Ayamas before he sold in 2005.
Ex-Finance Minister, Datuk Seri Johari Abdul Ghani currently owned C.I Holdings Bhd, KUB Malaysia Bhd and Media Prima Bhd.
The source of the news said the deal is in final stage and will be announce soon.
Locals get all benefits(EPF+SOCSO+Medical+Annual leaves). No processing fee headache. Supply of workers in abundance. 1 go 10 available. No need training. Good bosses knows how to turn bad to good. Complaint is not primary concern of good employers except for fussy, greedy and messy bosses. 🤣🤣🤣
My family & I went to Mitsui Outlet to shop this afternoon. After that when I got home & couldn’t find my wallet. I searched everywhere and still couldn’t find it. Then I recalled my last purchase was at myNews store at Mitsui Outlet Park KLIA Sepang. So my hubby said I must have left my wallet on the cashier counter. Left it there when I walked out as I was carrying a few bags with me & didn’t realise it. We decided to drive back to Mitsui Outlet to look for my wallet at myNews store. On the way there, I called Mitsui Outlet Customer Service. I spoke to a lady, the staff in-charge and told her of my predicament. She said she will send a security guard to check with myNews staff and will call me back if there’s anything. About 20 mins later, she called back and told me that security guard informed her there was a wallet there but not sure if it was mine. I was hopeful & prayed that it would be my wallet. Upon arriving at myNews, I approached the staff that served me earlier and told him I lost my wallet there. He then took out my wallet that he kept aside and gave it to me!. What a relief ! I thank him & offered him gratuity as a token for his honesty but he refused it. That’s why I am writing this post to thank him. His name is Akash Ramtel & because of him my belief in humanity is restored. There is still goodness in people. I considered myself to be very lucky as Akash had returned my wallet intact and save me the hassle of having to do all the run around of losing my personal documents. The hassle of having to go to the police station to file a police report to document that my wallet is missing and the need to call each bank to cancel my cards, to renew my IC (pay the fine) and driver’s license. Imagine the time taken to do all these for losing a wallet !. I have to be more alert and careful in the future to avoid this careless mistake. I hope myNEWS Malaysia management will take necessary action to acknowledge Akash Ramlet honesty and thank you for having a good staff like him. As for Mitsui Outlet Customer Service staff in charge (sorry as I forgot to ask her name), thank you for your kind assistance and prompt action. My hubby commented that Mitsui Outlet Park KLIA Sepang has a good system to handle such matter as lost and found. I went over to the Customer Service and met the staff in-charge to tell her my happy ending. She then requested me to fill up the “Lost and Found” form & I put a good remark for Akash Ramlet. Good job 👍❤️
Lol. I also 1st time see ppl said he use Elon’s Satellite in Malaysia la. 吹水佬! Without foreigners, many Malaysia’s business can’t operate lo. Mynews in Malaysia more than 20 years la. If want doomed, long long time d la. The revenue keep going up.
Without foreigners, Malaysia can still survive. It is rich with resource. Only problem is politicians and many thieves. But that can be overcome slowly. Revenue go up but why negative profit?? Someone stealing or wasting on silly things?
Business take time, in a growth stage, take time break even . you don’t know go back to cave la. Lol I earn because I buy low la When everyone fear I’m greedy . Wohuhu
Johari was able to turn around companies he bought into. But this mynews appears to be a different beast all together. KFC was a very strong brand by itself, the other like CI Holdings and KUB can get projects from the gov, but mynews is more towards retail, something the gov cannot influence. Unless gov buy stuff from mynews, then again, why buy from mynews when the gov can go straight to the distributor?
I wonder how is Johari going to turn mynews around, this is a retail business depends on walk in customers. Somemore involved food. This will be interesting.
People here very funny. Johari buy in means he want to turn around mynews. Only 10% share and no executive level. A lot of PP out there, all also because the people who buy in want turn around the company ?
Do some homework la! Mynews itself is making money, CU is making lost. Why? Simple lo! Mynews already in the market more than 3 years, breakeven already, CU only 2 years. Got business sense or not ? You got and open a retail shop instantly want to breakeven ah? So geng then you do la!
myNEWS is profitable since Quarter 3 FY 2022 • WH Smith had been profitable since opening of international borders and lifting of travel restrictions • FPC is gradually increasing its production capacity • CU is still undergoing the gestation process of developing its business, currently is in the loss making position
Lol. So mark & spencer doing well? Funny la. Ppl like to use other example to explain why mynews is bad. The fact is, Mynews got business , mark and spencer also can have business.
If like that, then Starbucks got no business, Costa coffee got no business. Lol
Village park nasi lemak is good, doesn’t mean other ppl who sell nasi lemak no busines.
Well, all these "brands" are indeed betting on stupiad, foolish people who likes to burn their cash for boosting ego. Their business frenzy lasts only during pay day and other days "sewer flies" are their customers. They think duplicating and franchising is a superb business model. The only one who earns in franchise is the main guy, the rest are fools. Franchise is a monopoly business in disguise. Their main attraction is based on hype and junk foods. Only ediots spend to spoil their health.
"a retail store that carries a limited selection of basic items, as packaged foods and drugstore items, and is open long hours for the convenience of shoppers." - source Google
Better for everyone to know the definition of convenience store concept rather than jumping to the incorrect conclusion...
aiyoyo why u all argue about small trivial things. there is money to be made in Casino De Bursa than waste time arguing about small unimportant things.
once you do a brainwash and refuse to classify comments into positive comments and negative comments you will find life much easier and its very easy to make money.
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DickyMe
14,894 posts
Posted by DickyMe > 2023-07-01 14:03 | Report Abuse
Yes, Elon Musk's Starlink.