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Company Update � Bison (Not Rated)
- A worthy contender A home grown convenience retail chain starting from one newsstand outlet in 1996, Bison was listed on Bursa Malaysia in March 2016. Bison is principally involved in the business of press and convenience retailing in Malaysia under the main trade name of �myNEWS.com� and the trade name of �WHSmith� for its joint venture with WH Smith Travel in 2012. It is currently trading at 31.5x forward PE, a 14% discount from peer and market leader, 7-Eleven.
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