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GDEX - continue posting

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Publish date: Mon, 09 Jun 2014, 08:22 PM
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GD Express Sdn Bhd

GD Express Sdn Bhd (GDEX) was formed in 1997 to provide express delivery service for both the domestic and international markets. It operates a network of 136 stations, comprising 59 branches, 2 affiliate stations, 52 agents and 23 lodge-in centres throughout East and West Malaysia. GDEX has a fleet of more than 400 trucks and vans used primarily for hauling of documents and parcels between stations and the National Hub (termed "line-haul" fleet) for local pick-ups and deliveries. The company's express delivery service operation is structured along the "Hub and Spoke" concept whereby customers' packages are collected by the branches, sent by trucks to a Central Clearing Hub for sorting and then redirected to their ultimate destinations. The group currently employs more than 2000 staff.
GDEX is the first local express delivery company to obtain ISO 9001: 2000 (Quality Management System) certification for all its entire 25 departments in 2003. In November 2009, GDEX upgraded its (Quality Management System) to ISO 9001: 2008 covering 27 departments. In November 2012, GDEX obtained ISO 14001:2004 (Environmental Management System) certification. Both systems were integrated as Quality and Environmental Management System to facilitate operations procedures complying with two international standards.
GDEX is listed on the ACE market of Bursa Malaysia (previously known as MESDAQ of KLSE) through its holding company GD Express Carrier Bhd in May 2005.
In August 2013, GDEX transferred its entire issued and paid-up share capital and the outstanding five (5)-year Warrants 2011/2016 to the Main Market of Bursa Securities. possible pattern... 

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