Posted by Good123 > 2023-03-22 15:44 | Report Abuse

Anak syed dah resign, preparing for disposal or merger etc

Posted by Good123 > 2023-03-22 15:44 | Report Abuse

Save Print Back

4634 POS POS MALAYSIA BHD
Change in Boardroom
Date of Change: 20/12/2022
Type of Change: Resignation
Designation: Director
Directorate: N/Ind & N/Exec
Name: SHARIFAH SOFIA BINTI SYED MOKHTAR SHAH
Age: 29
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
She is the daughter to YBhg. Tan Sri Dato' Seri Syed Mokhtar Shah bin Syed
Nor, an indirect major shareholder of the Company through DRB-HICOM Berhad.
Details of any interest in the securities of the listed issuer or its subsidiaries:
No
Remarks:
On 29 November 2022, the Board of Directors of Pos Malaysia Berhad noted
the resignation of Sharifah Sofia binti Syed Mokhtar Shah as a Non-Independent
Non-Executive Director of the Company to be effective on 20 December 2022.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

29/11/2022 07:00 AM


Ref Code: 202211293300892

Posted by Good123 > 2023-03-22 15:47 | Report Abuse

Nta 83sen, privatise at RM1

Posted by Newtrader88 > 2023-03-22 15:49 | Report Abuse

Gone case

Posted by Good123 > 2023-03-22 15:54 | Report Abuse

DRB must dispose off pos quickly

Posted by Good123 > 2023-03-22 15:54 | Report Abuse

M&As in the logistics industry should be implemented

Posted by Good123 > 2023-03-22 15:54 | Report Abuse

POS should be spinned off from DRB

Posted by Good123 > 2023-03-22 15:55 | Report Abuse

POS can be sold to airlines or transportation group

Posted by Good123 > 2023-03-22 15:55 | Report Abuse

Merger with gdex for pos could generate cost savings and other synergies

Posted by Good123 > 2023-03-22 15:56 | Report Abuse

pos should be taken private macam boustead... tak payah buat pengumuman often... bazir masa

Posted by Good123 > 2023-03-22 15:57 | Report Abuse

DRB would be more focus after disposing pos... win2 for pos and DRB n syed M

Posted by Good123 > 2023-03-22 15:58 | Report Abuse

let pos operate freely as a private entity n not linked to DRB as a GLC

Posted by Good123 > 2023-03-22 16:04 | Report Abuse

Is the postal service growing?
The Postal Service's operating revenue was $78.5 billion for the year, an increase of $1.5 billion, or 1.9 percent, despite a volume decline of 1.6 billion pieces, or 1.2 percent, compared to the same period last year.10 Nov 2022

Posted by Good123 > 2023-03-22 16:05 | Report Abuse

What will happen to post office in future?
Services as CSC: With the success of the above citizen centric services to the satisfaction of its customers, now, India Post is planning to extend the number of Common Service Centres (CSCs) to 6000 more Post Offices with addition of as many as 111 such services including the above existing services.28 May 2022

Posted by Good123 > 2023-03-22 16:07 | Report Abuse

What is the postal rate update?
The USPS has implemented a rate increase for letter mail, postcards, flats, other “market dominant” as well as competitive products that went into effect on January 22, 2023. The new rates include a three-cent increase in the retail price of a First-Class Mail Forever stamp from 60 cents to 63 cents.

Posted by Good123 > 2023-03-22 16:07 | Report Abuse

turnaround this year?

What happen to POS Malaysia?
Image result for postal rates in malaysia due for revision
Pos Malaysia attributed its improved performance to better customer mix and yield, and effective cost management, which resulted in lower transportation and delivery costs. KUALA LUMPUR: Pos Malaysia Bhd's net loss narrowed to RM5. 25 million in the second quarter (Q2) ended June 30, 2022, from the net loss of RM121.22 Aug 2022

Pos Malaysia net loss narrowed to RM5.25mil in Q2 - New Straits Times

Posted by Good123 > 2023-03-22 16:08 | Report Abuse

drb sells pos to lazada or shopee? :)

Posted by Good123 > 2023-03-22 16:10 | Report Abuse

tahun 2023, ada revision lagi?


Pos Malaysia rises as much as 10% on new postage rates, upgrade
Surin Murugiah
/
theedgemarkets.com

January 29, 2020 10:22 am +08

Posted by Good123 > 2023-03-22 16:12 | Report Abuse

can learn from spore?


Pos Malaysia, SingPost launch promotion to enhance express ...

Post & Parcel
https://postandparcel.info › news › pos-malaysia-singp...
Pos Malaysia Berhad and Singapore Post (SingPost) today launched a promotion drive to enhance their cross-broder express mail delivery service.

Posted by Good123 > 2023-03-22 16:12 | Report Abuse

can learn from spore?


Pos Malaysia, SingPost launch promotion to enhance express ...

Post & Parcel
postandparcel.info › news › pos-malaysia-singp...
Pos Malaysia Berhad and Singapore Post (SingPost) today launched a promotion drive to enhance their cross-broder express mail delivery service.

Posted by Good123 > 2023-03-22 16:13 | Report Abuse

Cover Story: The evolution of postal services worldwide

The Edge Markets
https://www.theedgemarkets.com › article › cover-stor...
30 Dec 2021 — That is certainly the case for Malaysia and Singapore, where both Pos Malaysia Bhd and Singapore Post Ltd (SingPost) evolved from the ...

Posted by Good123 > 2023-03-22 16:14 | Report Abuse

sing post is profitable, what can pos msia learn from them?

Singapore Post Limited (SGX: S08), commonly abbreviated as SingPost, is an associate company of Singtel[2] and Singapore's designated Public Postal Licensee which provides domestic and international postal services.

It also provides logistics services in the domestic market and global delivery services. SingPost also offers products and services including postal, agency and financial services through its post offices, Self-service Automated Machines (SAMs) and vPOST, its internet portal. Its headquarters is located in Paya Lebar, Singapore.

Today, Singapore has 57 post offices, 1 Self-service post office,[3] 299 Self-service Automated Machines (SAMs) and SAMPLUS, around 40 postal agencies and more than 800 licensed stamp vendors. There are also 8,907[4] posting boxes are installed at various locations throughout the island.

History
Early history

Fullerton Hotel, the former Fort Fullerton where the General Post office was located
Postal Services were available in Singapore since the island was founded by Sir Stamford Raffles in 1819. Initially, mail services were handled by the military authorities and then by the Master Attendant in 1823. The volume of mail was very small in those days and letters were collected and delivered from a single mail office. The Post Office, as it was then known, shared a room with the Master Attendant's Marine Office and the clerk to the Registrar of Import and Export. The whole establishment of the post office in the 1830s consisted of one European clerk, one local writer and a peon.

To cope with the increasing volume of mail, the Post Office, then known as the Singapore Post Office, later General Post Office, was moved in 1854 to its own building near the Town Hall by the side of the Singapore River. Although it was more spacious, there were frequent complaints regarding its location. The Commercial Square (business sector) was on the opposite side of the river, so going to the Post office was inconvenient as one had to cross the river by boat. After 1856, a footbridge was constructed across the river and a toll of 1⁄4 cent was levied.

As trade flourished in Singapore and both postal and marine traffic grew heavier, the Post Office was separated from the Marine Office and it became a separate department in October 1858. During the period 1819 and 1858, letters for posting had to be handed in at the Post Office. No postage stamps were used but a register was kept of all letters received at the Post Office and of the names of sailing ships on which they were conveyed.

Stamped receipts were also given for all letters sent to the Post Office for dispatch. For the convenience of the residents, a register was kept of their individual postage accounts on the understanding that all postage due would be regularly settled every month. The first postage stamps were introduced for payment of postage only in 1854. In the early days, the flagstaff at Government Hill (now Fort Canning) was eagerly watched as flying of a flag at daylight, or the firing of a gun at night, signified the arrival of a ship with mail. This infused new life into the quiet community.

On receipt of letters from incoming ships, the Post Office sorters would proceed to register alphabetically all the letters before sending them out through the postmen for delivery. Postal delivery services by means of bullock cart, horse carriage or on foot, were first restricted to the town area. Posting boxes were later installed in the town area for the posting of mail which were then collected by horse-drawn mail coaches.

In 1873, a new General Post office was built on the site of the former Fort Fullerton, a location which was much nearer to the commercial centre of the town. However, the British Government failed to foresee the needs of the future, with the result that the building had to be replaced by another on practically the same site. The new General Post Office was completed in 1885, three years after approval was obtained.

The General Post Office was closed on 23 April 1921. All the equipment were moved to a building on the recently reclaimed land at Collyer Quay, and staff worked at this temporary post office during the construction of Fullerton Building. The post office was transferred back to Fullerton Building on 23 July 1928 and has remained there since.

The latter part of the 19th century marked the modern phase of the development in the history of the Singapore postal service. Services were extended to include a parcel post service, money order and postal order services and a post office savings bank. 1897 saw the establishment of the first sub-post offices, and by 1938, some 20 sub-post offices were already providing decentralised postal facilities on the island. The horse-drawn mail coaches were withdrawn and replaced by motor vans in 1914 as the mail traffic handled steadily increased.

Posted by Good123 > 2023-03-22 16:17 | Report Abuse

pos malaysia boleh buat macam singpost?

Mobile post office
The Mobile Post Office was introduced in November 1952 and was operated by Postal Services Department. It provided on-the-spot postal services to residents living in rural areas where there were no post offices. The vans followed fixed routes and time schedules which were announced in the newspapers and each visit only lasted about one to two hours. As more postal facilities were set up across the island, the mobile post offices were no longer needed to serve customers in rural areas and were eventually withdrawn from service in 1980.[8]

Growth
SingPost has made several acquisitions to strengthen and grow its business. In 2009, it acquired the remaining 50% stake in G3 Worldwide Aspac (G3AP),[9] thereby giving the company presence in 10 countries (including Singapore). It also raised its stake in Malaysian Logistics company GDEX to 27% in 2011.[10]

Alibaba bought a 10.35% stake in SingPost for S$312.5 million in May 2014. Both parties also signed an agreement to pursue a joint venture in the business of e-commerce logistics.

In October 2015, SingPost acquired a 96.3 per cent stake in TradeGlobal for US$168.6 million (S$210 million), thereby expanding its e-commerce footprint in the United States.[11] SingPost also trialed a drone delivery system, using a commercial drone modified by a joint team from SingPost and Infocomm Development Authority Labs.[12]

Posted by Good123 > 2023-03-22 16:22 | Report Abuse

latest annual report


No. Name of Shareholders Holdings %
1. RHB NOMINEES (TEMPATAN) SDN BHD
MALAYSIAN TRUSTEES BERHAD PLEDGED SECURITIES ACCOUNT FOR HICOM HOLDINGS
BERHAD
245,750,751 31.39
2. RHB NOMINEES (TEMPATAN) SDN BHD
MALAYSIAN TRUSTEES BERHAD PLEDGED SECURITIES ACCOUNT FOR DRB-HICOM BERHAD
172,997,399 22.10
3. KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 37,172,800 4.75
4. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
9,523,300 1.22
5. AMSEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR KOK CHIN SIANG
8,052,600 1.03
6. MAYBANK NOMINEES (ASING) SDN BHD
EXEMPT AN FOR KENSINGTON TRUST LABUAN (AMAT CLASS-H)
6,000,000 0.77
7. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INBAMANAY A/P M J ARUMANAYAGAM (8061712)
4,350,200 0.56
8. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR SELINA SHARMALAR SOLOMON (8112136)
4,348,700 0.56
9. DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD
DEUTSCHE TRUSTEES MALAYSIA BERHAD FOR EATSPRING INVESTMENTS SMALL-CAP FUND
4,347,900 0.56
10. LIM BOON LIAT 3,500,000 0.45
11. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR ABDUL GHANI BIN ABDULLAH (PB)
3,000,000 0.38
12. DEVA DASSAN SOLOMON 2,801,525 0.36
13. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR HELINA SHANTI SOLOMON (7001761)
2,501,800 0.32
14. AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR LIM TECK HUAT
2,260,700 0.29
15. JAROD CHOO CHEE CHEONG 2,058,100 0.26
16. UOB KAY HlAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR UOB KAY HIAN PTE LTD (A/C CLIENTS)
1,905,767 0.24
17. PUBLIC INVEST NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DEVA DASSAN SOLOMON (M)
1,880,000 0.24
18. HLB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DEVA DASSAN SOLOMON
1,812,400 0.23
19. MAYBANK NOMINEES (TEMPATAN) SDN BHD
CHENG MOOI SOONG
1,678,600 0.21
20. HSBC NOMINEES (ASING) SDN BHD
J.P. MORGAN SECURITIES PLC
1,576,712 0.20
21. CARTABAN NOMINEES (ASING) SDN BHD
SSBT FUND J724 FOR SPDR S&P EMERGING MARKET ETF
1,521,800 0.19
22. PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DEVA DASSAN SOLOMON (E-SS2)
1,451,000 0.19
23. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DEVA DASSAN SOLOMON (MY109 1)
1,424,900 0.18
24. MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR GEE YIN HAN
1,380,500 0.18
25. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DEVA DASSAN SOLOMON (8041850)
1,222,500 0.16
26. HSBC NOMINEES (ASING) SDN BHD
SBL OF MORGAN STANLEY & CO. INTERNATIONAL PLC
1,218,500 0.16
27. LEE TEONG GHEE 1,190,000 0.15
28. SER AH BENG 1,043,500 0.13
29. CIMB ISLAMIC NOMINEES (TEMPATAN) SDN BHD
PRINCIPAL ISLAMIC ASSET MANAGEMENT SDN BHD FOR LEMBAGA TABUNG HAJI
1,000,000 0.13
30. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR TOH HOOI HAK (PB)
1,000,000 0.13
TOTAL 529,971,954 67.22

Posted by Good123 > 2023-03-22 16:26 | Report Abuse

KUALA LUMPUR (March 16): Fitch Solutions Country Risk and Industry Research said Malaysia is emerging as one of the key digital infrastructure hubs in the Asia-Pacific region.



In a report on Wednesday (March 15), the firm said developments are being encouraged by the government’s digitalisation plans, easing regulatory landscape and technology-friendly policies.

Fitch Solutions said its operational risks team ranks Malaysia as one of the top markets for infrastructure-led utility businesses regionally and globally, providing the appropriate platform for data centre operations.

“We do, however, highlight the fact that it has some of the least competitive labour costs in the region.

“The market has attracted major global players and the investment is growing considering the market’s strategic location and proximity to Singapore,” it said.

Fitch Solutions highlighted that Amazon Web Services (AWS) had unveiled plans to invest US$6 billion (RM27.05 billion) by 2037 to boost cloud services in Malaysia. AWS is planning to add three availability zones in the country to its 99-zone global portfolio across 31 geographic regions.



It said the move follows the signing of a central cloud computing contract by AWS, Google Cloud Malaysia, Microsoft (Malaysia) and Telekom Malaysia Bhd to upgrade Malaysia’s Public Sector Data Centre to a hybrid computing platform known as MyGovCloud.

“Meanwhile, Malaysia’s national postal and parcel service provider, Pos Malaysia Bhd, is planning on migrating its information technology (IT) infrastructure to AWS by 2023, with the aim of reducing IT costs by 50%.

“Both the public and private sectors are experiencing robust digital transformation with the adoption of smart devices, demand for Internet of Things technologies and big data analytics,” it said.



Fitch Solutions said data centres cater for this growing demand.

It said major global players including Microsoft and Google had announced plans to build data centres without specific location plans as of March 2023.

According to Fitch Solutions, other players including Australia’s AirTrunk have pledged to build data centres in Malaysia. Equinix is spending US$40 million on a data centre in Johor, NTT Communications pledged US$50 million investment in its sixth data centre, and Bridge Data Centres already opened its facility in October 2022.

Posted by Good123 > 2023-03-22 16:45 | Report Abuse

What can Pos Malaysia
do for you, today?
Send
a Parcel

Rate
Calculator

Locate a
Store

Stamps &
Packaging

Pay
Bills

Buy
Insurance

JPJ
Services

Invest
in ASNB

Posted by Good123 > 2023-03-22 16:47 | Report Abuse

/*page wrapper styling*/ /*page wrapper styling*/
FAQ
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Group of Companies

Subsidaries
Ventures
NO NAME OF SUBSIDIARIES EFFECTIVE OWNERSHIP INTEREST
1 Datapos (M) Sdn. Bhd.
199601014814 (387164-M) 100%
2 Pos Digicert Sdn. Bhd.
199801001482 (457608-K) 100%
3 Effivation Sdn. Bhd.
199601038316 (410669-T) 100%
4 Pos Ar-Rahnu Sdn. Bhd.
201201011291 (984811-U) 100%
5 PosLaju (M) Sdn. Bhd.
199601014820 (387170-X) 100%
6 Pos Malaysia & Services Holdings Berhad
192601000022 (491-K) 100%
7 Pejabat Pos Sdn. Bhd.
199501000298 (329492-H) 100%
+
8 Posmen Sdn. Bhd.
199401029779 (315460-A) 100%
+
9 PSH Properties Sdn. Bhd.
199401027981 (313663-M) 100%
+
10 PMB Properties Sdn. Bhd.
200701001742 (759740-W) 100%
11 Pos Aviaton Sdn. Bhd.
199501004089 (333284-T) 100%
+
NO NAME OF ASSOCIATES OF POS MALAYSIA BERHAD EFFECTIVE OWNERSHIP INTEREST
1 Elpos Print Sdn. Bhd (Under Winding Up by Court) 40%
2 CEN Sdn. Bhd.(Under Members’ Voluntary Winding Up) 42.5%
(a) CEN Worldwide Sdn. Bhd.
(Under Members’ Voluntary Winding Up) 42.5%
3 Pospay Exchange Sdn. Bhd. 50%
About Us
Board of Directors
Leadership
Our Company
Group of Companies
Affiliates
Awards and Recognitions
Still need help?

Posted by Good123 > 2023-03-22 16:49 | Report Abuse

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News Release

News Release

Month

Year
Stay updated with the latest news from POS Malaysia

Access the Press Room for the latest news and developments about POS Malaysia.
Read our official press releases and media statements.

News Release
Pos Malaysia Commits to Deliver Net Zero: Targets net zero carbon emissions by 2050
Pos Malaysia Berhad (“Pos Malaysia” or “the Group”) today launched its Sustainability Roadmap, laying out its plans to reduce its environmental footprint, targeting net zero carbon emissions for its operations by 2050.

2023-03-09 02:31 PM
News Release
Pos Malaysia halves FY2022 net loss amid challenging macroeconomic environment
Pos Malaysia Berhad (“Pos Malaysia” or the “Group”), the national post and parcel service provider, today announced it significantly reduced its full year net loss by 50.0%.

2023-02-20 05:26 PM
News Release
Pos Malaysia partners with PETRONAS Dagangan’s Café Mesra to deliver even more happiness
As part of its strategic transformation journey, and leveraging on its unrivalled reach and retail footprint to connect Malaysians for a better tomorrow, Pos Malaysia Berhad (“Pos Malaysia”) launched its first collaboration with PETRONAS Dagangan Berhad’s Café Mesra food and beverage (“F&B”) outlet, with the aim to creating an even more exciting in-store experience and offering further retail convenience at the post office.

2023-01-18 03:30 PM
News Release
Pos Malaysia joins posts worldwide in strive to reduce carbon footprint
Pos Malaysia Berhad (Pos Malaysia) becomes the 22nd member of the International Post Corporation (IPC) Sustainability Measurement and Management System (SMMS) programme.

2023-01-12 04:38 PM
News Release
Pos Malaysia appoints Raja Ahmad Hidzir Raja Muhamad as Group Chief People Officer
Pos Malaysia Berhad (“Pos Malaysia”) is pleased to announce the appointment of Raja Ahmad Hidzir Raja Muhamad as Group Chief People Officer. Raja will join the national postal and parcel service provider on 15 December 2022.

2022-12-06 12:00 PM
News Release
Resignation of Non-Executive Director
Pos Malaysia Berhad (“Pos Malaysia” or the “Group”) today announced the resignation of Sharifah Sofia binti Syed Mokhtar Shah (“Sharifah Sofia”) as its Non-Executive Director effective 20 December 2022.

2022-11-29 12:00 PM
News Release
Pos Malaysia’s nine-month losses narrow
Pos Malaysia Berhad (“Pos Malaysia” or the “Group”), the national post and parcel service provider, today announced that it continued to narrow losses, and remains focused on executing its transformation plan, effective cost management and providing the very best service, despite facing an increasingly challenging operating environment.

2022-11-21 12:00 PM

Posted by Good123 > 2023-03-22 17:03 | Report Abuse

FUTURE PROSPECTS
Pos Malaysia Berhad continued to make solid progress with its transformation plan even in a
weakening macroeconomic environment. The Group was able to maximise its yields and
efficiently utilize its assets.
Pos Malaysia’s business is cyclical and broadly follows economic trends. The year 2022 was a
year marked out by extraordinary challenges including economic uncertainty and high inflation,
resulting in reduced consumer spending. That along with accelerated insourcing of parcels from
the larger ‘platform’ sellers, use of ‘masking’ and heightened competitor activity, have all
resulted in a very challenging environment.
The ongoing challenges require continued structural changes. We will continue to focus on our
transformation, adjusting the business model and capacity, and tackling our unprofitable
segments. Our operations are characterized by high fixed costs, which makes it challenging to
quickly adapt capacity to changing volume trends.
We remain dedicated to the multi-pronged transformation plan of 1) improving financial
performance, 2) transforming the core business and culture, 3) optimising for margin-led
initiatives, 4) maintaining strict cost control, and 5) promoting sustainability guided by our ESG
roadmap.
Despite the challenges, we remain cautiously optimistic that the Group will deliver improved
results in 2023.

Posted by Good123 > 2023-03-22 22:26 | Report Abuse

Depreciation, non cash item... Boleh bertahan dengan cash yang ada.... 2024 dapat untung, jika bertuah, tahun ni, dapat untung :)

POS MALAYSIA BERHAD
(Registration No. 199101019653 (229990-M))
(Incorporated in Malaysia)
6
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
12 Months Ended
31.12.2022
12 Months Ended
31.12.2021
RM’000 RM’000
CASH FLOWS FROM OPERATING ACTIVITIES

Loss before tax for the financial year (169,788) (331,413)
Adjustments:
- Depreciation of property, plant and equipment 123,332 140,514
- Depreciation of right-of-use assets 76,503 96,238
- Amortisation of intangible assets 2,652 5,126
- Amortisation of government grant (1,510) (2,541)
- Change in fair value of investment properties 360 (1,760)
- Net fair value gain of other investments:
Financial assets at fair value through profit or loss (565) (1,150)
- Finance costs 29,168 25,047
- Interest on lease liabilities 8,050 19,982
- Derecognition of right-of-use assets (128) (2,174)
- Finance income (1,725) (2,119)
- Unrealised foreign exchange differences 2,910 5,493
- Net (reversal)/loss on impairment of receivables (12,143) 10,789
- Loss/(Gain) on disposal of property, plant and equipment 88 (377)
- Impairment loss on
- Property, plant and equipment 39,953 53,141
- Right-of-use assets - 1,751
- Intangible assets - 11,553
- Property, plant and equipment written off 414 524
- Inventories (written back)/written down (2,013) 1,185
- Zakat 1,021 858
- Share of result of an equity accounted associate, net of tax 556 (3,336)
- Others 206 77
Operating profit before changes in working capital 97,341 27,408
Changes in working capital:
Change in current assets 104,192 55,092
Change in current liabilities (155,433) (14,675)
Cash from operations 46,100 67,825
Tax paid (11,281) (17,826)
Tax refund 14,507 7,524
Interest paid (8,050) (19,982)
Zakat paid (674) (1,002)
Defined benefits paid (182) (201)
Net cash from operating activities 40,420 36,338

Posted by Good123 > 2023-03-22 22:27 | Report Abuse

Cash sebanyak At end of the financial year rm134,199,000 as at 31/12/2022

Posted by Good123 > 2023-03-22 22:28 | Report Abuse

Non cash items banyak selain ppe depreciation, boleh bertahan sampai untung... Hold :)

Posted by Good123 > 2023-03-22 22:30 | Report Abuse

Harga minyak kian menurun, bagus bagi aviation segmennya dan juga riders dan vannya

Posted by Good123 > 2023-03-23 00:05 | Report Abuse

Ganjaran GERENTI DAPAT* setiap kali anda top-up & hantar dengan SendParcel Prepaid. Nikmati penghantaran yang cepat dan mudah di musim Raya ini.

Jom daftar dengan kami sekarang di: bit.ly/41RWlZ9

Posted by Good123 > 2023-03-23 00:08 | Report Abuse

It’s a new dawn for Pos Malaysia as we officiated our sustainability roadmap today, consisting of 6 initiatives to reduce carbon footprint.

Being the first courier & logistics provider to carry out this sustainable mission, we have introduced electric motorcycles around the city and aim to recycle 50% of our operational waste and ensure our packaging is made up of 80% renewable & recyclable materials.

We aim to turn 28% of our fleet to electric by 2025 and reach our goal of having 100% electric vehicles by 2030.

Posted by Good123 > 2023-03-23 00:15 | Report Abuse

Key information
108.6%

Earnings growth rate

111.0%

EPS growth rate

Logistics earnings growth 34.9%
Revenue growth rate 4.0%
Future return on equity 2.3%
Analyst coverage
Low

Last updated 21 Feb 2023

Posted by Good123 > 2023-03-23 00:16 | Report Abuse

Earnings vs Savings Rate: POS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: POS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: POS is expected to become profitable in the next 3 years.

Posted by Good123 > 2023-03-23 00:18 | Report Abuse

Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable POS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: POS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.9% per year.

Posted by Good123 > 2023-03-23 00:19 | Report Abuse

CEO
Charles Brewer (57 yo)

1.58yrs

Tenure
Mr. Charles Robertson Brewer serves as Chief Operating Officer at Canada Post Corp. since February 2020. He served as the Chief Executive Officer of DHL eCommerce at Deutsche Post AG from June 2016 to December 31, 2018. He serves as Group Chief Executive Officer at Pos Malaysia Berhad since August 1, 2021.
Mr. Brewer was responsible for the management and development of the fast-growing e-commerce logistics business in the Asia Pacific region, the Americas and Africa. He served as Executive Vice President of Sales and of DHL Worldwide Express, Inc. (now known as DHL Express (USA), Inc.) and served as its Member of the Management Board, US since March 2006. Mr. Brewer served as Executive Vice President of U.S. Air Products and Services at DHL Express (USA), Inc. since March 2006.
Mr. Brewer served as Additional Director/Director of Blue Dart Express Limited since July 28, 2017 October 31, 2018. He has over 21 years of industry experience at DHL and has with him a wealth of commercial, operational and marketing experience. He started his career with DHL in the UK in 1984 and held various management positions at DHL's Express division in the Asia Pacific region, in the U.S. and latterly as Chief Executive Officer, DHL Express for Sub-Saharan Africa, before joining the pan-African Mara Group in 2015. He studied Advanced Senior Management Programme from Henley Business School, university of reading and studied Advanced logistics from Cranfield university school of management.

Posted by Good123 > 2023-03-23 00:20 | Report Abuse

Ownership Breakdown
Individual Insiders 6.0%
46,957,025 shares
Institutions 8.1%
63,691,029 shares
General Public 31.6%
247,380,632 shares
Private Companies 54.3%
424,748,150 shares

Posted by Good123 > 2023-03-23 00:21 | Report Abuse

Top Shareholders
Top 24 shareholders own 63.09% of the company
Etika Strategi Sdn. Bhd.
53.5%
Deva Solomon
1.35%
Employees Provident Fund of Malaysia
1.22%
Chin Siang Kok
1.03%
Kensington Trust Labuan Limited
0.77%
A. Inbamanay
0.56%
Selina Solomon
0.56%
Eastspring Investments (Singapore) Limited
0.56%
Boon Liat Lim
0.45%
Abdul Bin Abdullah
0.38%
Dimensional Fund Advisors LP
0.37%
Helina Solomon
0.32%
Teck Huat Lim
0.29%
Chee Cheong Choo
0.26%
Mooi Soong Cheng
0.21%
JPMorgan Chase & Co, Brokerage and Securities Investments
0.2%
State Street Global Advisors, Inc.
0.19%
Yin Han Gee
0.18%
Morgan Stanley, Investment Banking and Brokerage Investments
0.16%
Teong Ghee Lee
0.15%
Ah Beng Ser
0.13%
Lembaga Tabung Haji, Endowment Arm
0.13%
Hooi Hak Toh
0.13%
American Century Investment Management Inc
0.00073

Posted by Good123 > 2023-03-23 06:37 | Report Abuse

Name: Pos Malaysia Berhad
Ticker: POS
Exchange: KLSE
Founded:
Industry: Air Freight and Logistics
Sector: Transportation
Implied Market Cap: RM454.011m
Shares outstanding: 782.78m
Website: https://www.pos.com.my

Posted by Good123 > 2023-03-23 06:38 | Report Abuse

Oil price has tumbled, lower cost for its fleet of bikes,vans, planes.etc

Posted by Good123 > 2023-03-23 06:39 | Report Abuse

Continuous vss and disposal of excess motor vehicles including bikes are good

Posted by Good123 > 2023-03-23 06:40 | Report Abuse

Different biz model like outsourcing and franchising is good to reduce fixed operating overhead costs

Posted by Good123 > 2023-03-23 06:41 | Report Abuse

Merger with airlines., E-commerce or logistics player could be an option for consolidation in the industry

Posted by speakup > 2023-03-23 07:50 | Report Abuse

postal service is a dying industry, nobody use stamps anymore and nobody send physical letters anymore

Posted by speakup > 2023-03-23 07:52 | Report Abuse

ask yourself, when was the last time u actually send a letter using POS Malaysia? when?
me was maybe between 5-10 years ago!

Posted by Good123 > 2023-03-23 07:54 | Report Abuse

Anytime like boustead is possible

The Malaysian Reserve
https://themalaysianreserve.com › p...
Pos Malaysia: We are still on the lookout for M&A
31 Mar 2017 — Pos Malaysia Group CEO Datuk Iskandar Mizal Mahmood said the postal group is open to merger and acquisition (M&A) opportunities across the ...

Reuters
https://www.reuters.com › article
UPDATE 1-Poste Italiane buys Italy's second-biggest postal group Nexive
16 Nov 2020 — Poste Italiane said on Monday it was buying domestic rival Nexive from German fund Mutares and Dutch mail and parcel group PostNL .

Chiefmarketer
https://www.chiefmarketer.com › w...
What UPS-TNT Merger Could Mean for Postal Service
Is United Parcel Service's proposed $6.8 billion acquisition of TNT Express jus

Posted by Good123 > 2023-03-23 08:04 | Report Abuse

Malaysia’s national postal and parcel service provider, Pos Malaysia Bhd, is planning on migrating its information technology (IT) infrastructure to AWS by 2023, with the aim of reducing IT costs by 50%.

“Both the public and private sectors are experiencing robust digital transformation with the adoption of smart devices, demand for Internet of Things technologies and big data analytics,” it said.