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Saturday, May 26, 2018

Pos Malaysia looking to cut workforce - The Malaysian Reserve
src: themalaysianreserve.com

Pos Malaysia Berhad (MYX: 4634) is a postal delivery service in Malaysia, with history dating back to early 1800s.

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).

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.


Video Pos Malaysia



About

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.

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 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 International, Data Pos, POS ArRahnu, POS Digicert, POS Solutions & POS Online.

Subsidiaries

Associates


Maps Pos Malaysia



References


eBC Promo // POS MALAYSIA - YouTube
src: i.ytimg.com


External links

  • Pos Malaysia official website

Source of the article : Wikipedia

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