KWAP’s (Kumpulan Wang Persaraan) role as a major shareholder in Pos Malaysia indeed puts it in a position where it could push for greater transparency and accountability, especially since KWAP manages retirement funds for public servants. Sustained losses in Pos Malaysia impact the value of KWAP’s investment and, by extension, the returns that support public servant pensions. If KWAP suspects any form of mismanagement, it could advocate for the Malaysian Anti-Corruption Commission (MACC) to investigate the company’s finances to ensure that public funds are safeguarded.
Several factors might drive KWAP to take this route:
Responsibility to Public Servants: As the primary fund for public servant pensions, KWAP has a duty to maximize returns and protect investments, especially in publicly linked companies like Pos Malaysia. Persistent losses could prompt KWAP to seek explanations or intervention if there’s any suspicion of mismanagement or misuse of funds.
Public Accountability and Transparency: Given that KWAP’s funds come from public sources, KWAP is accountable not only to its members but also to the public. An investigation by MACC could help restore confidence and demonstrate proactive measures to safeguard these funds.
Mitigating Investment Risk: Persistent financial underperformance in Pos Malaysia affects KWAP’s portfolio and puts retirement funds at risk. An investigation might be seen as a corrective measure to improve governance, streamline operations, or even address any internal inefficiencies or misappropriation.
Encouraging Corporate Responsibility and Restructuring: An investigation, if warranted, might pressure Pos Malaysia to adopt restructuring strategies or corporate governance improvements that could help stem losses. KWAP could also use this opportunity to advocate for greater operational transparency and efficiency within Pos Malaysia.
KWAP’s position as a significant institutional shareholder allows it to act in ways that protect the financial interests of its stakeholders. If concerns persist, initiating an investigation may be seen as a prudent, necessary action to uphold the fund’s fiduciary responsibility to its members and restore public confidence in its portfolio companies.
Cronyism during Mahathir's era is often cited as a factor in the decline of companies like Pos Malaysia due to practices that prioritized political connections over efficient business operations. Under this system, certain companies received preferential treatment, such as government contracts or monopolies, which discouraged competitive practices and innovation. These appointments often lacked the commercial experience needed for sustainable growth, focusing instead on short-term gains. Over time, Pos Malaysia faced challenges due to inefficiencies and reliance on outdated models, impacting its ability to compete in an evolving market.
For instance, despite holding a monopoly over mail services, Pos Malaysia struggled to adapt to digitalization, losing ground to agile, private logistics firms. The lack of diversification in the company’s services, alongside decisions favoring connected individuals over skilled professionals, undermined its long-term sustainability. As a result, legacy issues rooted in these practices continue to impact Pos Malaysia’s financial health and competitiveness today.
Anwar govt should remove all the shits left by madey kutty admin dulu..
The profitability disparity between Pos Malaysia and Singapore's SingPost reflects differences in management strategy, innovation, and market adaptation. SingPost diversified early, expanding into e-commerce logistics and international postal services, which now generate a significant portion of its revenue. It also focused on automation and streamlined operations to reduce costs, especially in core services. By contrast, Pos Malaysia remained reliant on traditional mail services and was slower to diversify into e-commerce and digitalization, which limited its competitive edge and revenue growth as mail volumes declined.
Additionally, SingPost's proactive investment in technology and international partnerships has allowed it to tap into the fast-growing global logistics market, positioning it well in Asia-Pacific. Pos Malaysia, on the other hand, faced issues related to legacy systems and political influences, which impacted its agility in adapting to market shifts. This divergence in approach has ultimately contributed to SingPost’s strong financial performance compared to the loss-making Pos Malaysia.
The Mahathir era in Malaysia (1981–2003) is often criticized for corruption and mismanagement due to several factors. Mahathir's government fostered cronyism, where politically connected individuals received preferential treatment, securing lucrative government contracts and monopolies. The lack of transparency and accountability in public projects led to inefficient resource allocation and rampant corruption. Additionally, key sectors like telecommunications, construction, and banking were heavily influenced by political alliances, hindering fair competition and creating an environment ripe for mismanagement and wasteful spending. This accumulation of inefficiencies contributed to long-term economic challenges.
Anwar Ibrahim's government could use Pos Malaysia as a case study to address past corruption and mismanagement by focusing on key reforms:
1. **Enhance Corporate Governance**: Anwar's administration could ensure merit-based appointments, transparency in financial reporting, and stronger oversight of Pos Malaysia's operations to prevent political interference and cronyism.
2. **Reform Financial Management**: Implementing more rigorous auditing and restructuring Pos Malaysia’s business model could refocus the company on diversification and digital transformation to increase profitability.
3. **Promote Efficiency**: Encourage innovation in logistics and e-commerce, and reduce reliance on outdated postal services to align with global trends.
The Malaysian government should consider rescuing Pos Malaysia, similar to Tabung Haji and FELDA FGV, for several key reasons:
National Infrastructure: Pos Malaysia provides essential postal services and logistical support, crucial for both rural and urban connectivity.
Strategic Role: It plays a vital role in supporting e-commerce, financial services, and communication in Malaysia's economy.
Public Trust and Impact: Allowing it to fail could undermine public confidence, as it is perceived as a government-linked entity tied to national identity.
Job Preservation: Pos Malaysia employs a large workforce whose livelihoods depend on its operations.
Potential for Revitalization: With restructuring, it can pivot toward profitability, leveraging logistics, e-commerce growth, and modernized services.
Government intervention, like with Tabung Haji and FELDA, could stabilize operations, protect public interests, and create a pathway for sustainable growth.
buatlah yg sama untuk pos msia, kroni syed dah nak mati/tak berdaya, uzur macam si mati daim dah kononnya
Untuk menyelamatkan Tabung Haji (TH) yang menghadapi masalah kewangan, kerajaan melaksanakan langkah-langkah berikut:
Penstrukturan Semula Aset: Aset yang kurang prestasi dipindahkan ke syarikat tujuan khas (SPV), Urusharta Jamaah Sdn Bhd, untuk mengurangkan beban kewangan TH dan membolehkan pengurusan lebih baik.
Meningkatkan Tadbir Urus: Perubahan pengurusan serta peningkatan pemantauan dan ketelusan bertujuan untuk meningkatkan keyakinan jemaah.
Penilaian Aset Lebih Teliti: Memastikan TH fokus kepada pelaburan menguntungkan yang sejajar dengan misi organisasi.
Langkah-langkah ini membolehkan TH terus memenuhi tanggungjawab kepada jemaah dan memastikan kestabilan kewangan jangka panjang.
A few years ago, my stockbroker asked me to buy Pos with the goal that one day it would rebound. I thought I can keep it for a few more years as a fixed deposit for my retirement fund. Three years later, the financial reports does not seem to have improved, but is getting worse. I wonder what happened to them? Please come out and explain it to shareholders!
Syed Mokhtar Al-Bukhary, the Malaysian businessman and founder of the Albukhary Foundation, was born on December 12, 1951. As of now, he is 72 years old.
Due to willingness of startup company J&T which continues to offer services below costs, GDEX pun terkena impact sampai hari ini. GDEX yang begitu efficient pun masih rugi from quarter to quarter.
Ini pulak POS kononnya mampu jana kentungan untuk suku kewangan akan datang. Hehe mimpi yang lebih. Igiau tak sudah
KUALA LUMPUR: The offer to privatise Malaysia Airports Holdings Bhd (MAHB) at RM11 per share provides an opportunity for investors to realise immediate gains, said CIMB Securities Sdn Bhd.
Investors could also benefit from the joint offerors’ resources and vision for sustainable growth, making the proposal attractive, the firm noted in a report today.
"However, Malaysia’s long-haul connectivity challenges and the capital investment required for infrastructure upgrades may pose risks to MAHB’s organic growth," it added.
Hence, CIMB Securities recommends that investors accept the offer.
On Friday, Khazanah Nasional Bhd, the Employees Provident Fund (EPF), Global Infrastructure Partners (GIP), and Abu Dhabi Investment Authority (ADIA)-collectively referred to as the joint offerors-formally launched a conditional voluntary takeover bid for all remaining shares in MAHB at RM11 per share, valuing the equity at RM18.4 billion.
"The offer is conditional upon achieving 90 per cent shareholder acceptance. The joint offerors collectively hold a 41.2 per cent stake in MAHB.
"If the takeover is successful, the Malaysian members of the consortium will collectively own 70 per cent of MAHB," it said.
The report highlighted that the RM11-per-share offer price represents a 49.5 per cent premium to the last closing price at end-December 2023 and a 10.4 per cent premium to the closing price on May 14, 2024, the last trading day before the pre-conditional offer was announced.
In light of the offer, CIMB Securities has revised MAHB's target price upwards to RM11 from RM10.30. - Bernama
no need lah tulis so much to mislead newbies. Duit susah mau cari. Buat lah perkara yang baik elak mislead orang yang tak tahu keadaan kewangan sebenar POS
Pos is currently in hundred millions of debt hihihi. 0.27 all time low akan jadi 20 sen soon lepas Q3 report. Kenapa nk pening2 cerita pasal mis management zaman dulu sedangkan it's very obvious yg all those higher ups in pos is useless! CEO useless, senior management useless.
Net cash generated from operating activities rm65,959,000; DEPRECIATION TU KOS MELEPAS rmAdjustments: - Depreciation of property, plant and equipment 68,164,000 - Depreciation of right-of-use assets 43,483,000 - Amortisation of intangible assets 1,989,000
terbaik spin off via ipo ya..Aviation Aviation segment contributed higher revenue of RM97.9 million compared to RM75.0 million in Q3 FY2023. This is mainly attributable to the in-flight catering business with higher number of meals uplifted. Profit before tax was higher due to increase in revenue contribution from inflight catering business and higher volume handled in stations.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
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Posted by Good123 > 6 days ago | Report Abuse
KWAP’s (Kumpulan Wang Persaraan) role as a major shareholder in Pos Malaysia indeed puts it in a position where it could push for greater transparency and accountability, especially since KWAP manages retirement funds for public servants. Sustained losses in Pos Malaysia impact the value of KWAP’s investment and, by extension, the returns that support public servant pensions. If KWAP suspects any form of mismanagement, it could advocate for the Malaysian Anti-Corruption Commission (MACC) to investigate the company’s finances to ensure that public funds are safeguarded.
Several factors might drive KWAP to take this route:
Responsibility to Public Servants: As the primary fund for public servant pensions, KWAP has a duty to maximize returns and protect investments, especially in publicly linked companies like Pos Malaysia. Persistent losses could prompt KWAP to seek explanations or intervention if there’s any suspicion of mismanagement or misuse of funds.
Public Accountability and Transparency: Given that KWAP’s funds come from public sources, KWAP is accountable not only to its members but also to the public. An investigation by MACC could help restore confidence and demonstrate proactive measures to safeguard these funds.
Mitigating Investment Risk: Persistent financial underperformance in Pos Malaysia affects KWAP’s portfolio and puts retirement funds at risk. An investigation might be seen as a corrective measure to improve governance, streamline operations, or even address any internal inefficiencies or misappropriation.
Encouraging Corporate Responsibility and Restructuring: An investigation, if warranted, might pressure Pos Malaysia to adopt restructuring strategies or corporate governance improvements that could help stem losses. KWAP could also use this opportunity to advocate for greater operational transparency and efficiency within Pos Malaysia.
KWAP’s position as a significant institutional shareholder allows it to act in ways that protect the financial interests of its stakeholders. If concerns persist, initiating an investigation may be seen as a prudent, necessary action to uphold the fund’s fiduciary responsibility to its members and restore public confidence in its portfolio companies.