Posted by truly > 2019-11-30 19:27 | Report Abuse

of course jual.... now one the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by truly > 2019-11-30 19:27 | Report Abuse

run while you can ... cut lose now

Posted by Victor Yong > 2019-12-02 09:05 | Report Abuse

Umum Bulan ini, Bulan depan, kadar baru bermula

Posted by Victor Yong > 2019-12-02 09:10 | Report Abuse

Pos Malaysia provides postal and related services, namely:

Standard Mail (Flexipack Domestic, Standard Mail, Non-Standard Mail, Postcards, Mel Rakyat, Pos Ekspres, Pos Daftar, Pos Solutions).
Courier, Express & Parcels CEP (Same Day Delivery, Next Day Delivery, Time Certain Service, Pos Parcel, Pos Ekspres, Pos Laju Prepaid Pack, On-Demand Pick-up, Prepaid Envelopes/Boxes).
Retail (Bill payments, driving license renewals, personal insurance, vehicle shipping services).
International Mail (International inbound & outbound mails, small packets, parcels).
Logistics (Warehousing, freight-forwarding).
e-Commerce (e-fulfillment, e-payment, e-marketplace).[3]
The company holds an exclusive concession to provide mail services through its network of over 926 branches and mini post offices in Malaysia. However, loss mails issue still often reported, but no statistics publish to the public.[3]

Posted by Victor Yong > 2019-12-02 09:12 | Report Abuse

More than 900 branches, e-commerce needs pos Malaysia to deliver to all rural areas in Malaysia. Rural areas have no malls, etc, the most potential area for e-commerce growth

Posted by Victor Yong > 2019-12-02 09:19 | Report Abuse

Harga perkhidmatan Pos Malaysia naik tahun depan
Bernama -October 25, 2019 3:57 PM


Pos Malaysia berkata pihaknya akan terus memberikan perkhidmatan pos dengan liputan rangkaian penyampaiannya yang pantas di seluruh negara.
KUALA LUMPUR: Pos Malaysia Bhd terpaksa menyemak semula kadar bayaran pos sejajar dengan peningkatan harga oleh Kesatuan Pos Sedunia (UPU) mulai Januari 2020 untuk menyelaraskan kos operasinya.

“Di sebalik cabaran itu, Pos Malaysia akan terus memberikan perkhidmatan pos untuk semua dengan memanfaatkan liputan rangkaian penyampaiannya yang pantas di seluruh negara,” katanya dalam kenyataan kepada Bernama hari ini.

UPU ialah agensi Pertubuhan Bangsa-bangsa Bersatu yang menyelaras dasar-dasar pos dalam kalangan negara anggota, sebagai tambahan kepada sistem pos di seluruh dunia.

Baru-baru ini, Amerika Syarikat (AS) mengancam untuk meninggalkan UPU dengan mendakwa syarikat di China membayar kadar subsidi yang tinggi berikutan sistem itu dilaksanakan untuk membantu negara membangun.

AS mendakwa syarikat di China membayar harga lebih rendah untuk menghantar keluar barang ke AS berbanding barang yang dihantar dalam AS.

Pada akhir September, UPU mengadakan kongres luar biasa di Geneva yang membenarkan AS kekal sebagai ahli UPU dan diberikan fleksibiliti untuk negara itu mengisytiharkan kadarnya sendiri.

Menurut laporan media, AS akan menaikkan harga bagi bungkusan di negara lain sebagai pertukaran kepada sumbangan ke atas “dana sukarela” UPU yang merangkumi keselamatan dan pencen.

Negara lain juga boleh menyelaras harga bungkusan untuk destinasi AS pada Julai akan datang serta bayaran dari lokasi lain yang ditetapkan jumlahnya setiap tahun.

Posted by truly > 2019-12-02 09:21 | Report Abuse

run while you can.... now on the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by Victor Yong > 2019-12-02 09:24 | Report Abuse

On the domestic front, Syed Md Najib also warned that there is a potential hike in mail delivery claiming a “domino effect” due to the unprecedented and unexpected changes on the overall system, leading to changes across the board.

“It’s similar to how a rise in the cost of petrol would lead to a rise in the cost of nasi lemak, whereby price hikes involve not only the main resource in question but also every other peripheral process linked to the resource.

“Following this fact, it is timely for domestic mail operators to revamp their systems to manage this change and remain competitive,” he said.

Syed Md Najib also stressed that the stamp cost of 60 sen has not been raised for nearly a decade since 2010 and that local postage pricing was also needed to reflect inflation, staff welfare and increasing number of addresses to serve.

Posted by Victor Yong > 2019-12-02 09:28 | Report Abuse

Decision on postage rates to be announced soon
Arjuna Chandran Shankar

The Edge Financial Daily

September 13, 2019 09:34 am +08

This article first appeared in The Edge Financial Daily, on September 13, 2019.

KUALA LUMPUR: The ministry of communications and multimedia said an announcement on a potential postage hike will be made as early as next month.

Communications and Multimedia Minister Gobind Singh Deo said the announcement could come at the start of the next session of Parliament on Oct 7.

“We are looking at something right now. Once I get the report [on the potential hike], I will hold a press conference on this,” he told reporters.

Market talk is that Pos Malaysia Bhd is expected to benefit from a hike in postal tariffs and this has led to a rise in the postal company’s share price in recent months.

In an interview with The Edge Malaysia weekly (July 22-28 edition), Pos Malaysia chief executive officer Syed Md Najib Syed Md Noor said the company remained in engagement with its regulator, the Malaysian Communications and Multimedia Commission, on the postal tariff issue.

The tariff has remained unchanged at 60 sen per standard 20g mail since 2010, when it was doubled from the previous rate.

Syed Md Najib told The Edge Malaysia weekly that over 80% of Pos Malaysia’s snail mail constituted commercial mail.

“Commercial and individual mail should be treated differently because a lot of corporations do charge their customers for mail. The stamp cost over the last decade has not risen but our cost of handling has,” he said.

While he did not express an ideal tariff rate, Syed Md Najib said Pos Malaysia would like a revised regulatory regime.

At the same time, he added that the group was pursuing a higher yield from its existing network and coverage infrastructure, which would involve digitisation and automatisation to boost efficiency so that courier volume can increase.

Posted by Victor Yong > 2019-12-02 09:30 | Report Abuse

Coming :)

The tariff has remained unchanged at 60 sen per standard 20g mail since 2010, when it was doubled from the previous rate.

Syed Md Najib told The Edge Malaysia weekly that over 80% of Pos Malaysia’s snail mail constituted commercial mail.

“Commercial and individual mail should be treated differently because a lot of corporations do charge their customers for mail. The stamp cost over the last decade has not risen but our cost of handling has,” he said.

While he did not express an ideal tariff rate, Syed Md Najib said Pos Malaysia would like a revised regulatory regime.

At the same time, he added that the group was pursuing a higher yield from its existing network and coverage infrastructure, which would involve digitisation and automatisation to boost efficiency so that courier volume can increase.

Posted by yoyo > 2019-12-02 11:07 | Report Abuse

Only at this moment have doubt with the mgmt strength that came out with 5 consecutive quarter loss

Posted by truly > 2019-12-02 13:23 | Report Abuse

run while you can.... now on the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by Good123 > 2019-12-02 14:44 | Report Abuse

dont short pos Malaysia, dah mau announce kadar baru

Posted by Good123 > 2019-12-02 14:44 | Report Abuse

rebound nonstop, nanti menyesal

Posted by Good123 > 2019-12-02 14:44 | Report Abuse

buylah jika ada orang mau short untuk menakutkan

Posted by truly > 2019-12-02 14:52 | Report Abuse

run while you can.... now on the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by Victor Yong > 2019-12-02 15:45 | Report Abuse

Kongres khas UPU tentukan kadar khidmat pos antarabangsa
SELASA, 24 SEPTEMBER 2019 @ 4:11 PM

Menteri Komunikasi dan Multimedia, Gobind Singh Deo ketika berucap pada Persidangan GSMA Mobile 360 Digital Socities di Kuala Lumpur. - Foto BERNAMA
KUALA LUMPUR: Menteri Komunikasi dan Multimedia, Gobind Singh Deo enggan mengulas mengenai kemungkinan ancaman Amerika Syarikat untuk menarik diri daripada Universal Postal Union (UPU) yang didakwa boleh menjejaskan kadar kiriman pos keluar negara dan turut memberi kesan secara langsung terhadap Malaysia.

Katanya, kesatuan itu mengadakan satu kongres khas di Geneva, Switzerland bermula hari ini bagi membincangkan perkara berkenaan.

"Saya tidak akan memberi komen mengenainya sehingga mesyuarat itu berakhir kerana apa yang akan saya katakan akan menyukarkan atau mungkin memberi kesan terhadap perbincangan itu," katanya yang ditemui pemberita selepas merasmikan Persidangan GSMA Mobile 360 Digital Socities, di sini, hari ini.

UPU mengadakan kongres khas selama tiga hari bermula hari ini, selepas kerajaan Amerika Syarikat di bawah Presiden Donald Trump mengancam untuk menarik diri daripada kesatuan itu.

Tindakan Amerika Syarikat itu dikatakan sebagai membantah tindakan sesetengah negara dan secara khusus menyebut China yang didakwa membuat bayaran rendah bagi perkhidmatan penghantaran pos dan kiriman bungkusan merentasi sempadan antarabangsa.

Kemungkinan tindakan Amerika Syarikat untuk menarik diri daripada kesatuan antarabangsa berusia 145 tahun itu dikatakan boleh menjejaskan kadar kiriman pos keluar negara terutama bagi penghantaran bungkusan, termasuk Malaysia yang turut menganggotai kesatuan berkenaan.

Kongres luar biasa berkenaan dijangka mengkaji tiga cadangan iaitu untuk mempercepatkan perubahan kadar caj di bawah metodologi semasa, cadangan untuk membolehkan negara anggota mengisytiharkan kadar mereka sendiri dan cadangan untuk konvergen yang akan menggabungkan kedua-duanya.

Perjanjian multilateral yang ditandatangani negara anggota kesatuan membolehkan pergerakan barangan pos menyeberangi sempadan antarabangsa selain memastikan 192 negara dalam UPU boleh menghantar dan menerima pos atau kiriman barangan keluar negara.

Posted by Victor Yong > 2019-12-02 15:49 | Report Abuse

Pos Malaysia unions welcome Gobind’s proactive stance on tariffs
Sunday, 01 Dec 2019 06:50 PM MYT


Minister of Communications and Media Gobind Singh Deo speaks during a press conference at the Ministry of Finance in Putrajaya May 31, 2018. — Picture by Azinuddin Ghazali
Minister of Communications and Media Gobind Singh Deo speaks during a press conference at the Ministry of Finance in Putrajaya May 31, 2018. — Picture by Azinuddin Ghazali

KUALA LUMPUR, Dec 1 — All seven Pos Malaysia Berhad workers unions have welcomed Malaysian Communications and Multimedia Minister Gobind Singh Deo’s concern on postal tariffs.


In a joint statement the seven unions were grateful that the Minister is taking proactive measures on the issue as the tariffs have not been raised for the last 10 years.

“The income accrued (by Pos Malaysia) due to tariffs not being raised for the last 10 years could not offset the high operating costs.


“As such the unions feel that now is the right time for the government to grant Pos Malaysia approval for a tariff increase and for the company to determine its own rates, so that it can compete and keep up with the changing business landscape,” the statement read.


It added that if the government gives up control on postal tariffs, Pos Malaysia could improve its financial performance by generating additional revenue to offset the losses caused by rapid technological changes in the industry, apart from pursuing long term development programmes that the company had already planned.

“The last tariff increase to 60 sen (per standard 20g mail) was in 2010 and following that there was supposed to be a small increase every three years, but this did not happen,”it said.

Prior to this, the media had reported the minister as saying that the government would look into reviewing postal tariffs.

Pos Malaysia employees are represented by Union of Pos Malaysia Berhad Uniformed Staff Peninsular Malaysia (UPUS), Union of Pos Malaysia Clerical Workers (UPCW), Pos Malaysia Junior Executive Union (PMJEU), the Sabah Pos Malaysia Clerical Workers Union (KKPPS), Union of Sabah Postal Uniformed Staff (KEPPSES), Postal Clerical Staff Union Sarawak (POCSUS) and Union of Pos Malaysia Uniformed Staff (UPUS Sarawak). — Bernama

Posted by truly > 2019-12-02 16:00 | Report Abuse

run while you can.... now on the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by Victor Yong > 2019-12-02 17:11 | Report Abuse

History
The history of Pos Malaysia Berhad can be traced back to the early 1800s with the establishment of postal services first in the Straits Settlements in Penang, Malacca and Singapore expanding through the rest of Malaya by the early 20th century. Letters were then conveyed through dispatch riders or special messengers. Instead of postage stamps, fees were collected when letters were handed in at the Post Office. Letters posted were given a receipt.[4]

The system later changed when the Indian stamps overprinted with crown and Straits' stamps overprinted with dollars and cents were introduced in 1867. The first inaugural set of postage stamps was introduced in 1901.

It was also started as a medium for the transmissions of letters, newspapers and business documents. The postal service soon evolved into a multiple services provider. It began to venture into parcel delivery, registrations, insurance service, transaction of money (postal order & money order) and investment of funds (Post Office Saving Bank).

The postal service, then known as Jabatan Perkhidmatan Pos – Postal Services Department (PSD), also began to take over numerous services on behalf of the Government departments. It started to collect payment of electricity bill, sale of dog licence, payment of pensions, sale of television licence and others.

In 1992, Pos Malaysia Berhad was corporatised[5] from the PSD. In September 2001, Pos Malaysia Berhad was listed on the then Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Berhad) through a reverse takeover of a Philio Allied Berhad assuming its listing status. Today, Pos Malaysia has many Strategic Business Units - POS Laju, POS, Data Pos, POS ArRahnu, POS Digicert, POS Solutions & POS Online.[6]

Subsidiaries[7] Edit
No Name Of Company Shareholder Percentage Of Shareholding
1 Datapos (M) Sdn Bhd Pos Malaysia Berhad 100%
2 Digicert Sdn Bhd Pos Malaysia Berhad 100%
3 PMB Properties Sdn Bhd Pos Malaysia Berhad 100%
4 Pos Ar-Rahnu Sdn Bhd Pos Malaysia Berhad 100%
5 Pos Laju (M) Sdn Bhd Pos Malaysia Berhad 100%
6 Pos Malaysia & Services Holdings Berhad Pos Malaysia Berhad 100%
7 Pos Takaful Agency Sdn Bhd Pos Malaysia Berhad 100%
8 Prestige Future Sdn Bhd PSH Capital Partners Sdn Bhd 100%
9 PSH Allied Berhad Pos Malaysia Berhad 100%
10 PSH Capital Partners Sdn Bhd Pos Malaysia Berhad 100%
11 PSH Express Sdn Bhd PSH Venture Capital Sdn Bhd 100%
12 PSH Investment Holdings (BVI) Ltd Pos Malaysia & Services Holdings Berhad 100%
13 PSH Properties Sdn Bhd Pos Malaysia Berhad 100%
14 PSH Venture Capital Sdn Bhd Pos Malaysia Berhad 100%
15 Real Riviera Sdn Bhd PSH Properties Sdn Bhd 100%
16 Effivation Sdn Bhd Pos Malaysia Berhad
PSH Properties Sdn Bhd

99.99%
0.01%

Associates[7] Edit
No. Name of Company Shareholder Percentage of Shareholding
1 PosPay Exchange Sdn Bhd Pos Malaysia Berhad 50%
2 CEN Sdn Bhd Pos Malaysia Berhad 42.5%
3 Elpos Print Sdn Bhd Pos Malaysia Berhad 40%
4 CEN Worldwide Sdn Bhd CEN Sdn Bhd 100%
5 CEN Technology Sdn Bhd CEN Sdn Bhd 50%

Posted by Haw Liao > 2019-12-02 17:17 | Report Abuse

pos masuk longkang

Posted by Victor Yong > 2019-12-02 17:40 | Report Abuse

On the presence of various courier services, he said it would not adversely affect Pos Malaysia’s service, which is backed by the government.


Stamp still relevant, despite drop in postal revenue - Pos Malaysia



Last update: 09/10/2019



KUALA LUMPUR, Oct 9 -- Pos Malaysia Berhad (Pos Malaysia) regards the use of postage stamp as still relevant although its revenue from postal service is declining over the years.

Its chief executive officer, Syed Md Najib Syed Md Noor, said although mail deliveries have dropped, the number of postal addresses in Malaysia has increased to nine million.

“This means Pos Malaysia is still available across the country to send letters. Our challenge is the handling cost and to satisfy our customers.

“Postage stamp is still relevant although there will be an unexpected drop in another two years,” he told reporters at the 50th World Post Day celebration here at Pos Malaysia headquarters, here today.

Also present was Deputy Communications and Multimedia Minister Eddin Syazlee Shith who launched the second edition of “Pos Silang” (Postcrossing) stamp series.

Only 650 million postage stamps were produced last year compared to 1.5 billion 10 years ago, he said, attributing the drop to the use of technology, mainly the WhatsApp application.

However, he said the courier service is gaining popularity, contributing up to 60 per cent of revenue from postal service.

“Pos Malaysia is a huge organisation, we are present at with 13,000 vehicles, and our service includes delivery of parcels by air and sea, with 7,000 delivery personnels,parcels, processing capacity in excess of 500,000 per day and currently peaking at 700,000 per day," he said.

Meanwhile, Eddin Syazlee said Communications and Multimedia Ministry was always open to discuss ways of improving Pos Malaysia courier and postal services to make them more competitive.

On the presence of various courier services, he said it would not adversely affect Pos Malaysia’s service, which is backed by the government.

-- BERNAMA

Posted by Victor Yong > 2019-12-02 17:49 | Report Abuse

Although disruptive and emerging technologies are causing the decline in mail volume, it provides new business opportunities. The booming e-commerce sector in Malaysia is projected to grow at 15% per annum. Revenue generated by Pos Laju — Pos Malaysia’s courier business unit — rose 6% to RM824 million in FY2019, driven by higher volume of items delivered. The courier business overtook the mail business in terms of revenue two years ago. Parcel delivery volume increased at a comppund annual growth rate (CAGR) of 20.1% from 40 million in FY2014 to 100 million in FY2019.

Posted by Victor Yong > 2019-12-02 17:51 | Report Abuse

oh, one-off punya expense affecting 2019 punya results reported also :)

The Minority Shareholder Watch Group (MSWG) noted that despite an increase in revenue, profit for the Courier segment declined significantly from RM148.2 million to RM23.4 million. The CEO explained that included in the segment is Pos Asia Cargo Express (ACE) as the major transport provider for the courier business, which incurred a one-off cost of RM63 million, comprising a RM44 million aircraft redelivery charge and RM19 million rental of additional aircraft, which affected profit this fiscal year.

Posted by Victor Yong > 2019-12-02 17:52 | Report Abuse

A shareholder noted that revenue from the International segment fell 8% year-on-year to RM147.2 million of revenue in FY2019 and recorded a loss of RM16.2 million. The chairman explained the loss was mainly due to the impact of regulated pricing coupled with a rise in terminal dues. To overcome this, management is working with regulators to revise the international tariff to allow cost recovery on the terminal dues that Pos Malaysia pays. The primary work of the International business unit consists of cross-border business, in which e-commerce customers deliver their items to various destinations across the globe.

Posted by Victor Yong > 2019-12-02 17:54 | Report Abuse

China's giant also came to help pos :)

In August 2019, Pos Malaysia signed a collaboration agreement with China-based STO Express International Co Ltd to jointly explore cross-border cooperation. Pos Malaysia’s CEO said the tie-up will strengthen Pos Malaysia’s position through the exchange of best practices and technology in establishing an end-to-end logistics platform for small and medium enterprises (SMEs) as well as individual consumers, thus providing a one-stop solution for international courier services. He also said this will help SMEs accelerate the growth of e-commerce in the country and contribute positively to the nation’s gross domestic product.

Posted by Victor Yong > 2019-12-02 17:55 | Report Abuse

MMC and POS under DRB Hicom also :)

Transportation & Logistics - National Transport Policy 2019-2030
Author: AmInvest | Publish date: Fri, 18 Oct 2019, 2:51 PM

Investment Highlights
The National Transport Policy (2019-2030) (NTP 2019) launched yesterday seeks to improve logistics connectivity to cater to the e-commerce boom, continuous ports upgrade and expansion plans, and enhance productivity and increase competitiveness for transportation sector. In order to achieve these goals, the Ministry of Transport (MoT) will review and update rules, act and regulations with the aim of creating a robust and adaptable regulatory framework that supports the future needs of the transportation sector.
The MoT is looking beyond the much-talked-about Regulated Asset Base (RAB) framework (that is supposed to be finalised this month) to drive investment in the public transportation sector. One alternative is the public-private partnership (PPP) model (which is not new as during the RAB consultation period, MAVCOM already highlighted that RAB should allow the flexibility for private companies to participate in the airport operations). It also highlighted the trend towards the development of secondary airports (as what has happened in other parts of the world) to cater to the booming low-cost travelling. There are also plans to restructure the regulatory bodies in the aviation sector.
Port operators (i.e. Westports, MMC Corp) and logistics players (i.e. Pos Malaysia, GDex) could be beneficiaries of the new policy, assuming the MoT is to put in place initiatives and assistance to facilitate the upgrading of infrastructure and facilities to improve efficiency and connectivity within the sector. There are plans to upgrade rail facilities to and within ports to ease freight movement, enhance road-rail-port connectivity, integrate rail and road links to airport, port & industrial areas, promote the Digital Free Trade Zone (DFTZ) and encourage the development of urban logistics distribution.
The policy’s 5th thrust emphasises on expanding global footprint and promote internationalisation of transport services. The key strategies include to create an environment that facilitates local transport industry operators to become regional or global players, facilitate regional cooperation and agreement that improve the transport industry and ensure transportrelated agencies are sufficiently equipped to support the drive in improving Malaysia’s ranking in global competitiveness indices.
We remain NEUTRAL on the transportation sector. While we believe the initiatives in the NTP 2019 are positive to the sector, they will take time to materialise. Meanwhile, prospects of airlines and airport operators are favourable backed by tourist arrival growth projected at 12% to 30mil in 2020 by Tourism Malaysia on the back the Visit Malaysia Year 2020. However, this is offset by cost pressure at AirAsia following the sale and leaseback of its aircraft. The seaport operators are beneficiaries of the US-China trade war/trade diversion, as reflected in the increased throughput recently. Our top picks for the sector are Westports (BUY, FV: RM4.73) and MMC Corp (BUY, FV: RM1.66).
Source: AmInvest Research - 18 Oct 2019

Posted by Victor Yong > 2019-12-02 18:07 | Report Abuse

more capable people joined the Board. :)

Datuk Yasmin binti Mahmood was appointed as Pos Malaysia’s new independent non-executive chairman effective 1 April 2019. She has served various technology giants previously; she was general manager (GM) of Hewlett Packard Malaysia’s Commercial Channels Organisation, a dual-role of GM and regional corporate director of Dell Malaysia, before moving on to become managing director of Microsoft Malaysia. During the AGM, Yasmin answered shareholders’ questions in a candid manner, and admitted the mistake of the previous management which led to the RM44 million provision for aircraft redelivery expenses.

Posted by Victor Yong > 2019-12-02 18:13 | Report Abuse

POS was trading at RM 3.00 - 3.25 range before it announced its first quarterly loss in November 2018 report


POS should be seeing interesting trend in the weeks ahead. based on below:

i. Rate Hike Announcement by year-end for implementing on 1 Jan 2020.

ii. High Change of Rate Hike Approval, Due to POS needing to Service its Obligation under Postal Services Act 2012

iii.a tariff hike is due, at least to ensure that the traditional mail segment is at minimum on BREAKEVEN to be fair to POS as it cannot simply shutdown its branches (even thought they are losing money) due to their obligation to the USO and the Postal Services Act 2012.

Posted by Victor Yong > 2019-12-02 18:46 | Report Abuse

Price / Book (P/B) : Pos Malaysia 0.669 vs SingPost 1.661, so much room for further increase in price for pos malaysia, play catch up :)

Posted by Victor Yong > 2019-12-02 18:56 | Report Abuse

for remembrance. how did pos malaysia buy land from DRB issuing pos share at RM3.33 per share :)

Pos Malaysia accepts DRB-Hicom's offer
Tan Siew Mung

theedgemarkets.com

December 16, 2015 21:45 pm +08


KUALA LUMPUR (Dec 16): Pos Malaysia Bhd has accepted DRB-Hicom Bhd's offer for sale of the latter's wholly-owned KL Airport Services Sdn Bhd (KLAS) and a parcel of industrial land in Shah Alam, for RM835.16 million.

Pos Malaysia announced in a filing with Bursa Malaysia that it had accepted DRB-HICOM's conditional offer today, and that the sale and purchase agreements (SPA) to effect the transactions would be executed within three months from the acceptance of the offer.

The acceptance, however, is subject to the results or findings of the due diligence exercise to be conducted by Pos Malaysia and execution of the SPA within the exclusivity period.

Advertisement

The proposed acquisitions of KLAS and the Section 28 land in Shah Alam, would also be conditional upon the approval of the company’s shareholders at an extraordinary general meeting to be convened.

"A detailed announcement on the proposed acquisitions of KLAS and the land would be made upon finalisation of the terms and conditions of the transactions and execution of the SPA," it added.

On Dec 10, DRB-Hicom had announced its offer to sell KLAS and part of a freehold industrial land in Shah Alam to Pos Malaysia for RM835.16 million, to consolidate its logistics business under Pos Malaysia.

The acquisition, subject to the complete capitalisation of RM552.9 million owed by KLAS to DRB-Hicom and the transfer of 100 acres of land in Kedah from Konsortium Logistik Bhd (owned by KLAS) to DRB-Hicom, would be satisfied via the issuance of 250.8 million new ordinary shares in Pos Malaysia at an issue price of RM3.33 a share.

According to Hong Leong Investment Bank Bhd in a note dated Dec 11, upon the completion of the exercise, DRB-Hicom may own up to 55.6% stake in Pos Malaysia (based on current share price), and Pos Malaysia will become a subsidiary of DRB-Hicom, from being a 32.2% associate.

DRB-Hicom will apply for exemption from the Securities Commission Malaysia from undertaking a mandatory takeover offer of Pos Malaysia, after the disposal exercise.

In a separate filing, Pos Malaysia said Japan-based Mitsubishi UFJ Financial Group Inc (MUFG) had on Dec 10, acquired 20,300 shares of Pos Malaysia, raising its indirect shareholding in the postal firm to 7.56%.

Pos Malaysia closed three sen or 1.15% higher at RM2.64 today, for a market capitalisation of RM1.4 billion. DRB-Hicom, on the other hand, was down 1 sen or 0.83% at RM1.20, valuing it at RM2.3 billion.

Posted by Victor Yong > 2019-12-02 18:59 | Report Abuse

If pos malaysia sells these lands and then use leaseback arrangement, it will make a lot of profit on disposal :)

Pos Malaysia accepts DRB-Hicom's offer
Tan Siew Mung

theedgemarkets.com

December 16, 2015 21:45 pm +08


KUALA LUMPUR (Dec 16): Pos Malaysia Bhd has accepted DRB-Hicom Bhd's offer for sale of the latter's wholly-owned KL Airport Services Sdn Bhd (KLAS) and a parcel of industrial land in Shah Alam, for RM835.16 million.

Pos Malaysia announced in a filing with Bursa Malaysia that it had accepted DRB-HICOM's conditional offer today, and that the sale and purchase agreements (SPA) to effect the transactions would be executed within three months from the acceptance of the offer.

The acceptance, however, is subject to the results or findings of the due diligence exercise to be conducted by Pos Malaysia and execution of the SPA within the exclusivity period.

Advertisement

The proposed acquisitions of KLAS and the Section 28 land in Shah Alam, would also be conditional upon the approval of the company’s shareholders at an extraordinary general meeting to be convened.

"A detailed announcement on the proposed acquisitions of KLAS and the land would be made upon finalisation of the terms and conditions of the transactions and execution of the SPA," it added.

On Dec 10, DRB-Hicom had announced its offer to sell KLAS and part of a freehold industrial land in Shah Alam to Pos Malaysia for RM835.16 million, to consolidate its logistics business under Pos Malaysia.

The acquisition, subject to the complete capitalisation of RM552.9 million owed by KLAS to DRB-Hicom and the transfer of 100 acres of land in Kedah from Konsortium Logistik Bhd (owned by KLAS) to DRB-Hicom, would be satisfied via the issuance of 250.8 million new ordinary shares in Pos Malaysia at an issue price of RM3.33 a share.

According to Hong Leong Investment Bank Bhd in a note dated Dec 11, upon the completion of the exercise, DRB-Hicom may own up to 55.6% stake in Pos Malaysia (based on current share price), and Pos Malaysia will become a subsidiary of DRB-Hicom, from being a 32.2% associate.

DRB-Hicom will apply for exemption from the Securities Commission Malaysia from undertaking a mandatory takeover offer of Pos Malaysia, after the disposal exercise.

In a separate filing, Pos Malaysia said Japan-based Mitsubishi UFJ Financial Group Inc (MUFG) had on Dec 10, acquired 20,300 shares of Pos Malaysia, raising its indirect shareholding in the postal firm to 7.56%.

Pos Malaysia closed three sen or 1.15% higher at RM2.64 today, for a market capitalisation of RM1.4 billion. DRB-Hicom, on the other hand, was down 1 sen or 0.83% at RM1.20, valuing it at RM2.3 billion.
02/12/2019 6:56 PM

Posted by truly > 2019-12-02 19:09 | Report Abuse

run while you can.... now on the road we saw dnex ninja citylink dhl skynet busy doing their courier service... where is pos?
still sleeping and waiting goverment spoon feed.
pn17 is in making

Posted by Victor Yong > 2019-12-02 19:24 | Report Abuse

DRB could buy more pos shares at such low price, impairment loss on pos malaysia shares in DRB's book if pos share price remained at current level.

Anyway, no worries, Pos Malaysia is protected by the government. :)

On the presence of various courier services, he said it would not adversely affect Pos Malaysia’s service, which is backed by the government.

-- BERNAMA

Posted by Victor Yong > 2019-12-02 19:33 | Report Abuse

with this biz partnership, China's STO will teach pos malaysia, survival biz strategies, :)

In August 2019, Pos Malaysia signed a collaboration agreement with China-based STO Express International Co Ltd to jointly explore cross-border cooperation. Pos Malaysia’s CEO said the tie-up will strengthen Pos Malaysia’s position through the exchange of best practices and technology in establishing an end-to-end logistics platform for small and medium enterprises (SMEs) as well as individual consumers, thus providing a one-stop solution for international courier services. He also said this will help SMEs accelerate the growth of e-commerce in the country and contribute positively to the nation’s gross domestic product.

Posted by Victor Yong > 2019-12-02 19:48 | Report Abuse

so much innovation :)

Pos Malaysia locks deal for more secure parcel delivery
METRO NEWS
Saturday, 30 Nov 2019



Syed Md Najib (left) and Cheah exchanging documents at the signing between Pos Malaysia and Sunway PopBox.

POS Malaysia has announced its partnership with Sunway PopBox in extending the national courier’s parcel delivery services across all the latter’s locations.

Sunway PopBox is the first integrated smart locker service provider to officially partner with Pos Malaysia.

Sunway PopBox offers a secure, self-service kiosk acting as delivery destinations for parcels instead of home or office addresses.

Beginning Dec 1, Pos Malaysia customers can deliver parcels to their recipient’s preferred PopBox locker address at no additional cost.


Once the parcel arrives at the PopBox locker, recipients will receive an SMS notification with a unique PIN code.

They can then proceed to the locker and enter the unique and secure PIN code to collect their parcels at their convenience.

This new delivery option provides Pos Malaysia users in the Klang Valley the convenience of picking up their packages at one of the 100 PopBox lockers at their preferred time.

Each locker has 43 compartments.

Compared to traditional locker services, PopBox smart lockers are placed at strategic areas and offer 24-hour access to users.

Pos Malaysia Bhd group chief executive officer Syed Md Najib Syed Md Noor said it was committed to delivering the best services and solutions to customers, catering to the demands of the country’s booming e-commerce market.

“Our partnership with Sunway PopBox enhances our reach to new and existing Pos Malaysia customers, complementing our Pos Laju EziBox services which are currently available at any time of the day, across 170 locations nationwide.

“We are actively seeking suitable business partners and expanding our touch points to boost our presence, elevate customer experience and growing our revenue by widening our customer base, ” he added.

Pos Malaysia users are not subjected to service charges for delivery to PopBox location.

To keep parcels secure, PopBox lockers are built to withstand harsh weather conditions and resist break-ins, and are equipped with CCTV surveillance cameras, providing each parcel safe storage until pick-up.

Sunway Group executive vice-president Evan Cheah said Sunway Popbox had expanded to 100 lockers and was easily available around strategic Klang Valley areas, including malls, office buildings, apartments, and universities.

“The lockers operate on a 24-7-365 basis and recipients can collect their parcel anytime and anywhere.

“This milestone of partnering with another long-term player

like Pos Malaysia will certainly enhance Sunway PopBox’s aggressive expansion plans to provide Klang Valley, Seremban and Nilai residents with even more convenience, ” he said.

Cheah added that in the next two years, there were plans to expand the service to major cities such as Johor and Penang.

PopBox lockers in malls are available to the public, whereas those in private residential buildings, offices and universities are limited to occupants and students only.

Property managers who are interested to place PopBox lockers at their premises can queries to info@popbox.asia.


Read more at https://www.thestar.com.my/metro/metro-news/2019/11/30/pos-malaysia-locks-deal-for-more-secure-parcel-delivery#6rXIEHwO6eGhJZs0.99

Posted by Victor Yong > 2019-12-02 19:49 | Report Abuse

possible for DRB to issue DRB shares to privatise pos malaysia, but what at price? :)


(Year 2015)
The acquisition, subject to the complete capitalisation of RM552.9 million owed by KLAS to DRB-Hicom and the transfer of 100 acres of land in Kedah from Konsortium Logistik Bhd (owned by KLAS) to DRB-Hicom, would be satisfied via the issuance of 250.8 million new ordinary shares in Pos Malaysia at an issue price of RM3.33 a share.

According to Hong Leong Investment Bank Bhd in a note dated Dec 11, upon the completion of the exercise, DRB-Hicom may own up to 55.6% stake in Pos Malaysia (based on current share price), and Pos Malaysia will become a subsidiary of DRB-Hicom, from being a 32.2% associate.

DRB-Hicom will apply for exemption from the Securities Commission Malaysia from undertaking a mandatory takeover offer of Pos Malaysia, after the disposal exercise.

In a separate filing, Pos Malaysia said Japan-based Mitsubishi UFJ Financial Group Inc (MUFG) had on Dec 10, acquired 20,300 shares of Pos Malaysia, raising its indirect shareholding in the postal firm to 7.56%.

Pos Malaysia closed three sen or 1.15% higher at RM2.64 today, for a market capitalisation of RM1.4 billion. DRB-Hicom, on the other hand, was down 1 sen or 0.83% at RM1.20, valuing it at RM2.3 billion.

Posted by Victor Yong > 2019-12-02 19:50 | Report Abuse

announce the faster, the better :)

KUALA LUMPUR: Pos Malaysia Bhd will have to revise its postage rates in tandem with the price increase by the Universal Postal Union (UPU) starting January 2020 to align its operation cost.

“Despite the challenges, Pos Malaysia will continue to serve the nation in providing postal services for all, leveraging on its vast delivery network coverage across the country, ” it said in a note to Bernama.


The UPU is a United Nations agency that coordinates postal policies among member nations, in addition to the worldwide postal system. — Bernama

Posted by Victor Yong > 2019-12-02 19:53 | Report Abuse

suddenly, so much news about pos malaysia. good news must be OTW :)

Postmen for all seasons
METRO NEWS
Monday, 02 Dec 2019

By SHEILA SRI PRIYA


Baharuddin and Martin landed their childhood dream job. Both have served Pos Malaysia for 27 and 38 years, respectively. — Photos: YAP CHEE HONG/The Star

MARTIN Rayappan has been a postman for almost four decades.

The 57-year-old takes pleasure in telling how he started as a security guard at Pos Malaysia Bhd’s Chan Sow Lin branch in Kuala Lumpur before securing the position of postman soon after in 1981.

“Until the 1990s, we delivered letters and parcels on bicycle. We would deliver the items, rain or shine.

“The early 1990s was the peak in the popularity of sending festive greeting cards. We postmen worked long hours trying to deliver them on time.


“Each household would receive about 30 greeting cards during

festive seasons. I used to deliver about 4,000 cards daily back then.”

He reminisced, “The 1980s was also a good time and I delivered about 20,000 greeting cards in just one business area.”

Martin, who was born in Kuala Lumpur, has delivered items to various parts of the city, including Jalan Hang Tuah, Jalan Peel, Jalan Cochrane and squatter settlements.

These days, the friendly father of three’s area of delivery includes Petaling Street, where recipients know him by name.

His day begins with sorting out letters for his area at the headquarters before heading out on his motorcycle to deliver them.

He recalls some memorable moments such as gaining the trust of some recipients who asked him to read the contents of their letters.

“I used to deliver letters to squatters and they would ask me to read them and explain what needed to be done.

“I have also delivered letters to prisoners. Such letters need to be removed from the envelopes and given to the person in charge. Of course, I have never read any of them because they are private.”

Another long-serving Pos Malaysia employee is Baharuddin Zainal Abidin who started his career as a postman in 1992.

Years ago, Baharuddin broke the fall of a four-year-old from a four-storey flat in Shah Alam.

“I just happened to be there at the right time, and I did what came naturally.”

Baharuddin was praised for his heroic act. He was also offered a promotion as a clerk but turned it down.

“It was my childhood dream to become a postman. Growing up in Kuala Kangsar, I always admired the way postmen carried themselves,” said the father of five.

Since then, he has enjoyed advancement in his career and is now the mail delivery manager of Pos Malaysia’s Puchong branch.

The 50-year-old plans delivery operations, budget and matters related to customer service.

Some of his fondest memories include delivering letters to a gentleman in the mid-1990s.

“He traded in the stock market and would receive letters almost daily. If he was expecting a letter and it did not arrive, he would look for me at the office.

“Another was a girl who would wait patiently for her boyfriend’s letter. She would ask me daily if there were any letters for her.

“Her letters were special because the address was always written in beautiful cursive handwriting,” said Baharuddin, who enjoys meeting people and making friends.

“I have become friends with many families and have delivered letters to most parts of Shah Alam.

“Sometimes when I’m at an eatery, my drink would be paid for. I believe the bill was settled by kind residents whose letters were delivered by me.

“Some residents have even invited me to their children’s weddings,” he said.

Baharuddin said as postmen, they usually develop good relationships with many organisations and are trusted to enter buildings with tight security.

“Sometimes, even MPs are not allowed into a building but we are given access because we are a familiar sight and have earned people’s trust,” he added.

Read more at https://www.thestar.com.my/metro/metro-news/2019/12/02/postmen-for-all-seasons#VIkxUZB96ZJ0c5yz.99

Posted by truly > 2019-12-02 20:01 | Report Abuse

please sell off... by next year pos will go in pn17
penny stock in making

Posted by Victor Yong > 2019-12-02 20:29 | Report Abuse

did pos malaysia get the concession for the targeted fuel subsidy next year?

Fuel subsidy programme to begin in January | The Star Online
https://www.thestar.com.my › news › nation › 2019/10/12 › fuel-subsidy-...
Oct 12, 2019 - 2bil fuel Targeted Subsidy Programme (PSP) will be launched in January next year and is expected to benefit more than eight million motorists. Finance Minister Lim Guan Eng said individuals who owned not more than two cars and two motorcycles were eligible to receive PSP for one vehicle.





June 27, 2014 @ 12:14pm
KUALA LUMPUR: Pos Malaysia Bhd's shares on Bursa Malaysia edged up today following a news report that the company has joined forces to bid for the concession to manage the fuel subsidy rationalisation programme.

At 11.01am, the counter was up four sen at RM5.34 with 92,100 shares traded.

RHB Research said a local newspaper reported yesterday that Pos Malaysia and Datasonic Group Bhd have joined forces to bid for the concession to manage the impending fuel subsidy rationalisation programme from the Government.

The research house said should the two companies win the concession, it would imply earnings accretion for Pos Malaysia with minimal initial capital expenditure as the company has already invested millions of ringgit for the past two years to upgrade its IT system.

"While the potential impact on earnings seems modest in the immediate term, what is important is the possibility of a long-term recurring income stream," it said in a research note today.

RHB Research has retained a ‘Buy’ call on Pos Malaysia but revised upwards its fair value to RM6.17 from RM5.44 previously.-- Bernama

Posted by Victor Yong > 2019-12-02 20:40 | Report Abuse

the revision in postal rates would be much higher than 2010. ***additional issue, fuel price will be floated in stages in 2020 :)


Fuel subsidy programme to begin in January | The Star Online
https://www.thestar.com.my › news › nation › 2019/10/12 › fuel-subsidy-...
Oct 12, 2019 - 2bil fuel Targeted Subsidy Programme (PSP) will be launched in January next year and is expected to benefit more than eight million motorists. Finance Minister Lim Guan Eng said individuals who owned not more than two cars and two motorcycles were eligible to receive PSP for one vehicle.

Posted by abc333 > 2019-12-02 20:48 | Report Abuse

time to put this in watch list again

Posted by Victor Yong > 2019-12-02 21:25 | Report Abuse

pos malaysia created an e-mall also :)

https://www.eziemall.com/

Posted by Victor Yong > 2019-12-02 22:32 | Report Abuse

pos malaysia should be back to RM2 to RM3 in 2020, all the improvement, new strategies, etc. Otherwise, DRB might need to provide for impairment for its quoted investment in pos malaysia :)

Posted by Victor Yong > 2019-12-02 22:47 | Report Abuse

Good to monitor, etc. :)

DRB might provide a major impairment loss due to its quoted investment in pos malaysia if pos malaysia share price does not rebound or recover from its current price at RM1.39. With the coming announcement of new postal rates for both domestic and international, new strategies, new partnership, etc, hopefully, pos share price will recover, say, RM2 to RM3 next year. it will be better if pos could double in price like fgv :)


(Year 2015)
The acquisition, subject to the complete capitalisation of RM552.9 million owed by KLAS to DRB-Hicom and the transfer of 100 acres of land in Kedah from Konsortium Logistik Bhd (owned by KLAS) to DRB-Hicom, would be satisfied via the issuance of 250.8 million new ordinary shares in Pos Malaysia at an issue price of RM3.33 a share.

According to Hong Leong Investment Bank Bhd in a note dated Dec 11, upon the completion of the exercise, DRB-Hicom may own up to 55.6% stake in Pos Malaysia (based on current share price), and Pos Malaysia will become a subsidiary of DRB-Hicom, from being a 32.2% associate.

DRB-Hicom will apply for exemption from the Securities Commission Malaysia from undertaking a mandatory takeover offer of Pos Malaysia, after the disposal exercise.


(Year 2011)
DRB will purchase Khazanah's 32.2% stake in POS for RM622.8m or RM3.60/share.

@abc333 time to put this in watch list again
02/12/2019 8:48 PM

Posted by truly > 2019-12-02 22:58 | Report Abuse

victor yong u bought alots?
please sell off... by next year pos will go in pn17
penny stock in making

Posted by truly > 2019-12-02 23:10 | Report Abuse

wow pos website changed alots...
good sign...tp 4.0?

Posted by newbie911 > 2019-12-02 23:13 | Report Abuse

Using pos laju service...but need 3days to deliver
Stupid company.

Posted by Victor Yong > 2019-12-02 23:17 | Report Abuse

TQ for your concern. Will sell all to you tomorrow :)

@truly victor yong u bought alots?
please sell off... by next year pos will go in pn17
penny stock in making