DRB-HICOM BHD
KLSE (MYR): DRBHCOM (1619)
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0.995
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Discussions
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The acquisition price of RM3.60 per share for Pos Malaysia by Syed Mokhtar Al-Bukhary is often viewed as relatively low for several reasons:
1. **Market Valuation**: At the time of the acquisition, the market may have undervalued Pos Malaysia's potential, considering its assets, revenue streams, and strategic position in the logistics and postal services sector.
2. **Financial Performance**: If Pos Malaysia was experiencing financial difficulties, such as declining revenues or profits, potential buyers might have been able to negotiate a lower price. Buyers typically seek to minimize risk, especially if they perceive that a company is struggling.
3. **Strategic Positioning**: Syed Mokhtar may have recognized the long-term strategic value of Pos Malaysia, despite its short-term challenges. His willingness to invest could indicate that he saw potential for growth and improvement that others did not.
4. **Industry Trends**: Changes in the postal and logistics industry, including the rise of digital services and e-commerce, might have led to a temporary decline in valuations. This could have provided an opportunity for Syed Mokhtar to acquire the company at a lower price.
5. **Negotiation Leverage**: The negotiating power of Syed Mokhtar and DRB-Hicom, given their stature in the business community, may have allowed them to secure a more favorable deal. Their experience and connections could have played a role in facilitating the acquisition.
6. **Future Potential**: Investors might have overlooked Pos Malaysia’s future potential in terms of expansion and modernization of services. Syed Mokhtar’s vision for the company could have factored into his willingness to pay RM3.60, viewing it as a bargain for future growth.
In summary, the perception that RM3.60 per share was a cheap price can be attributed to a combination of market conditions, the financial state of Pos Malaysia at the time, and Syed Mokhtar's strategic vision for its future.
3 weeks ago
Syed Mokhtar Al-Bukhary以每股RM3.60收购马来西亚邮政的价格常被视为相对较低，原因有以下几点：
市场估值：在收购时，市场可能低估了马来西亚邮政的潜力，考虑到其资产、收入来源和在物流及邮政服务行业的战略地位。
财务表现：如果马来西亚邮政正面临财务困难，例如收入或利润下降，潜在买家可能能够谈判出一个更低的价格。买家通常寻求降低风险，特别是当他们认为一家公司在挣扎时。
战略定位：Syed Mokhtar可能意识到马来西亚邮政的长期战略价值，尽管面临短期挑战。他的投资意愿可能表明他看到了其他人未能发现的增长和改善潜力。
行业趋势：邮政和物流行业的变化，包括数字服务和电子商务的兴起，可能导致估值暂时下降。这可能为Syed Mokhtar提供了以较低价格收购公司的机会。
谈判筹码：考虑到Syed Mokhtar和DRB-Hicom在商业界的地位，他们的谈判能力可能让他们获得了更有利的交易。他们的经验和关系可能在促成收购中起了作用。
未来潜力：投资者可能忽视了马来西亚邮政在扩展和现代化服务方面的未来潜力。Syed Mokhtar对公司的愿景可能影响了他愿意支付RM3.60的决定，将其视为未来增长的便宜买卖。
总之，认为每股RM3.60的价格便宜的看法可以归因于市场条件、当时马来西亚邮政的财务状况以及Syed Mokhtar对其未来的战略愿景的结合。
3 weeks ago
Harga pengambilalihan RM3.60 setiap saham untuk Pos Malaysia oleh Syed Mokhtar Al-Bukhary sering dianggap sebagai agak rendah atas beberapa sebab:
Penilaian Pasaran: Pada masa pengambilalihan, pasaran mungkin telah merendahkan potensi Pos Malaysia, mengambil kira aset, aliran pendapatan, dan kedudukan strategiknya dalam sektor logistik dan perkhidmatan pos.
Prestasi Kewangan: Jika Pos Malaysia mengalami kesulitan kewangan, seperti penurunan dalam pendapatan atau keuntungan, pembeli berpotensi mungkin telah dapat berunding untuk mendapatkan harga yang lebih rendah. Pembeli biasanya berusaha untuk mengurangkan risiko, terutama jika mereka menganggap sebuah syarikat sedang berjuang.
Penempatan Strategik: Syed Mokhtar mungkin telah menyedari nilai strategik jangka panjang Pos Malaysia, walaupun menghadapi cabaran jangka pendek. Kesediaannya untuk melabur mungkin menunjukkan bahawa dia melihat potensi untuk pertumbuhan dan penambahbaikan yang tidak dilihat oleh orang lain.
Trend Industri: Perubahan dalam industri pos dan logistik, termasuk kebangkitan perkhidmatan digital dan e-dagang, mungkin telah menyebabkan penurunan penilaian secara sementara. Ini mungkin memberikan peluang kepada Syed Mokhtar untuk mengakuisisi syarikat dengan harga yang lebih rendah.
Kekuatan Rundingan: Kuasa rundingan Syed Mokhtar dan DRB-Hicom, memandangkan kedudukan mereka dalam komuniti perniagaan, mungkin membolehkan mereka mendapatkan tawaran yang lebih baik. Pengalaman dan hubungan mereka mungkin memainkan peranan dalam memudahkan pengambilalihan ini.
Potensi Masa Depan: Pelabur mungkin telah mengabaikan potensi masa depan Pos Malaysia dalam aspek pengembangan dan pemodenan perkhidmatan. Visi Syed Mokhtar untuk syarikat mungkin mempengaruhi kesediaannya untuk membayar RM3.60, melihatnya sebagai tawaran yang baik untuk pertumbuhan masa depan.
Kesimpulannya, persepsi bahawa RM3.60 setiap saham adalah harga yang murah dapat dikaitkan dengan gabungan keadaan pasaran, keadaan kewangan Pos Malaysia pada masa itu, dan visi strategik Syed Mokhtar untuk masa depannya.
3 weeks ago
Syed Mokhtar Al-Bukhary’s situation with Pos Malaysia, where the share price has significantly declined to around 33 sen—less than 10% of the purchase price he paid via DRB-Hicom—could be perceived as weak for several reasons:
1. **Market Confidence**: A substantial drop in share price often signals a lack of investor confidence. It raises questions about the company’s performance and future prospects, reflecting poorly on leadership.
2. **Strategic Decisions**: Investors may be critical of Syed's strategic decisions regarding Pos Malaysia, including management choices, operational direction, or investments that haven’t yielded expected returns.
3. **Economic Factors**: External economic conditions, such as changes in regulations, competitive pressures, or shifts in consumer behavior, might contribute to the decline. However, investors often expect leadership to navigate these challenges effectively.
4. **Communication**: A lack of transparency or communication from management regarding the company's challenges can lead to uncertainty and erode trust among investors.
5. **Long-Term Vision**: If investors perceive that there’s no clear long-term strategy to turn things around, it can lead to pessimism about the company’s future, driving the stock price down further.
6. **Expectations vs. Reality**: High expectations at the time of acquisition can lead to disappointment if the company fails to perform as projected, making the leadership seem weaker in the face of reality.
In summary, the decline in Pos Malaysia's share price can reflect a combination of market confidence issues, strategic missteps, economic challenges, and communication gaps, contributing to perceptions of weakness in leadership.
3 weeks ago
kroni syed perlu buat sesuatu yg luar biasa, mamakdey pun kecewa kini kot, kenapa bagi kat kroni tersebut? :)
Singapore Post remains profitable for several reasons:
1. **Diverse Revenue Streams**: Beyond traditional mail services, SingPost has expanded into logistics, e-commerce solutions, and financial services. This diversification helps mitigate risks associated with declining mail volumes.
2. **E-commerce Growth**: The rise of e-commerce has boosted demand for parcel delivery services. SingPost has capitalized on this trend by enhancing its logistics capabilities and offering efficient delivery solutions.
3. **Strategic Partnerships**: Collaborations with various businesses and financial institutions have expanded their service offerings and customer base, leading to increased revenue.
4. **Technological Advancements**: SingPost invests in technology to improve operational efficiency, streamline processes, and enhance customer experience, contributing to profitability.
5. **Strong Brand and Trust**: As a long-established national service provider, SingPost enjoys customer trust and brand loyalty, which helps retain existing customers and attract new ones.
These factors combined allow SingPost to maintain profitability in a rapidly changing market.
3 weeks ago
Kroni Syed, tolong gandakan usaha ya😄
The financial performance of Malaysia's postal service compared to Singapore Post can be attributed to several factors:
1. **Business Model Differences**: Singapore Post has successfully diversified its services beyond traditional mail, focusing on e-commerce logistics and financial services. In contrast, Malaysia's postal service may not have expanded as aggressively into these areas.
2. **Market Conditions**: The growth of e-commerce has been robust in Singapore, leading to increased demand for parcel delivery. If Malaysia's postal service is not capturing a similar share of the growing e-commerce market, it could struggle financially.
3. **Operational Efficiency**: Singapore Post has invested in technology and logistics to improve efficiency and reduce costs. If Malaysia's postal service faces operational challenges or inefficiencies, this could negatively impact profitability.
4. **Regulatory Environment**: Different regulatory frameworks and government support can influence how each postal service operates. Singapore's supportive policies for logistics and e-commerce may give SingPost an edge.
5. **Competition**: The competitive landscape in each country affects profitability. If Malaysia's postal service faces more intense competition without the same level of resources or innovation, it could lead to financial losses.
These factors contribute to the contrasting financial outcomes of the two postal services.
3 weeks ago
Syed Oh Syed😃
Performa kewangan perkhidmatan pos Malaysia berbanding SingPost boleh dikaitkan dengan beberapa faktor:
1. **Perbezaan Model Perniagaan**: SingPost telah berjaya mempelbagaikan perkhidmatannya melebihi pos tradisional, dengan memberi tumpuan kepada logistik e-dagang dan perkhidmatan kewangan. Sebaliknya, perkhidmatan pos Malaysia mungkin tidak berkembang dengan agresif dalam bidang ini.
2. **Keadaan Pasaran**: Pertumbuhan e-dagang di Singapura telah kukuh, yang menyebabkan peningkatan permintaan untuk penghantaran bungkusan. Jika perkhidmatan pos Malaysia tidak dapat menangkap bahagian yang sama dalam pasaran e-dagang yang berkembang, ia mungkin menghadapi masalah kewangan.
3. **Kecekapan Operasi**: SingPost telah melabur dalam teknologi dan logistik untuk meningkatkan kecekapan dan mengurangkan kos. Jika perkhidmatan pos Malaysia menghadapi cabaran operasi atau ketidakcekapan, ini boleh memberi kesan negatif kepada keuntungan.
4. **Persekitaran Peraturan**: Kerangka peraturan yang berbeza dan sokongan kerajaan boleh mempengaruhi cara setiap perkhidmatan pos beroperasi. Dasar sokongan Singapura untuk logistik dan e-dagang mungkin memberikan kelebihan kepada SingPost.
5. **Persaingan**: Landskap persaingan di setiap negara mempengaruhi keuntungan. Jika perkhidmatan pos Malaysia menghadapi persaingan yang lebih sengit tanpa tahap sumber atau inovasi yang sama, ini boleh menyebabkan kerugian kewangan.
Faktor-faktor ini menyumbang kepada hasil kewangan yang berbeza bagi kedua-dua perkhidmatan pos.
3 weeks ago
Tan Sri Syed Mokhtar Al-Bukhary, melalui konglomeratnya DRB-HICOM, memiliki kepentingan besar dalam Pos Malaysia Berhad. Memastikan Pos Malaysia mencapai keuntungan adalah penting atas beberapa sebab:
1. Aset Strategik Negara: Pos Malaysia berperanan sebagai perkhidmatan pos nasional Malaysia yang menyediakan perkhidmatan penghantaran surat dan bungkusan di seluruh negara. Operasi yang efisien amat penting bagi komunikasi dan perdagangan negara.
2. Prestasi Kewangan: Pos Malaysia telah menghadapi cabaran kewangan dalam beberapa tahun kebelakangan ini. Sebagai contoh, bagi tahun kewangan berakhir 31 Disember 2023, syarikat ini mencatatkan kerugian bersih kira-kira RM178.79 juta. Meningkatkan keuntungan adalah penting untuk membalikkan trend ini dan memastikan kelestarian jangka panjang.
3. Sinergi dengan DRB-HICOM: Portfolio DRB-HICOM yang pelbagai termasuk sektor automotif, hartanah, dan perkhidmatan. Pos Malaysia yang menguntungkan dapat mewujudkan sinergi dalam kumpulan ini, meningkatkan kecekapan operasi keseluruhan dan penawaran perkhidmatan.
4. Keyakinan Pelabur: Sebagai syarikat tersenarai awam, kesihatan kewangan Pos Malaysia memberi impak terus kepada keyakinan pelabur dan prestasi saham. Meningkatkan keuntungan boleh menarik pelaburan dan menyokong kestabilan harga saham.
5. Sumbangan Ekonomi: Pos Malaysia yang menguntungkan memberikan sumbangan positif kepada ekonomi negara dengan menyediakan pekerjaan, menyokong perniagaan, dan memudahkan perdagangan.
Kesimpulannya, memulihkan keuntungan Pos Malaysia adalah penting bukan sahaja untuk kejayaan syarikat tetapi juga bagi peranannya dalam menyokong infrastruktur nasional, pertumbuhan ekonomi, dan kepentingan pemegang saham, termasuk DRB-HICOM dan rakyat Malaysia.
2 weeks ago
Tan Sri Syed Mokhtar Al-Bukhary, through his investment vehicle Etika Strategi Sdn Bhd, holds a 55.9% stake in DRB-HICOM Berhad, which in turn owns a 53.49% stake in Pos Malaysia Berhad.  Given this substantial ownership, revitalizing Pos Malaysia’s profitability is crucial for several reasons:
1. Financial Health of DRB-HICOM: As a major subsidiary, Pos Malaysia’s financial performance directly impacts DRB-HICOM’s consolidated financial statements. Improving Pos Malaysia’s profitability would enhance DRB-HICOM’s overall financial health, potentially leading to better credit ratings and increased investor confidence.
2. Asset Valuation: Pos Malaysia’s market capitalization has declined significantly, with reports indicating it has shrunk to just RM200 million+++.  Reviving its profitability would increase its market value, thereby enhancing the asset valuation of DRB-HICOM’s investment portfolio.
3. Strategic Synergies: Pos Malaysia’s extensive logistics network can complement DRB-HICOM’s other business ventures, such as automotive distribution and manufacturing. A profitable Pos Malaysia can provide cost-effective logistics solutions, creating operational synergies and reducing expenses across the group.
4. Regulatory Compliance and Public Perception: As the national postal service, Pos Malaysia holds a strategic position in Malaysia’s infrastructure. Ensuring its profitability aligns with national interests and demonstrates responsible stewardship of a critical public service, thereby enhancing DRB-HICOM’s reputation and compliance with regulatory expectations.
In summary, revitalizing Pos Malaysia’s profitability is not only essential for the company’s standalone success but also pivotal for strengthening DRB-HICOM’s financial stability, asset valuation, operational efficiency, and public image.
2 weeks ago
Pos Malaysia dan Pos Singapura (SingPost) beroperasi dalam pasaran yang berbeza dengan cabaran dan peluang yang unik. Walaupun SingPost telah mencapai keuntungan, Pos Malaysia telah menghadapi kesukaran kewangan dalam beberapa tahun kebelakangan ini. Sebagai contoh, Pos Malaysia melaporkan kerugian bersih sekitar RM178.79 juta bagi tahun kewangan yang berakhir pada 31 Disember 2023.
Sebaliknya, SingPost melaporkan pendapatan tahunan penuh yang mencatatkan rekod sebanyak S$1.9 bilion, peningkatan 8.6% dalam pendapatan kumpulan. Namun, pendapatan Pos & Parcelnya menurun sebanyak 16.2% untuk FY2022/23, menunjukkan cabaran dalam perkhidmatan surat tradisional.
Untuk meningkatkan keuntungan, Pos Malaysia boleh mempertimbangkan strategi berikut:
1. Pelarasan: Memperluas ke dalam perkhidmatan logistik dan e-dagang dapat mengurangkan kebergantungan kepada surat tradisional, selaras dengan trend pasaran.
2. Transformasi Digital: Melabur dalam teknologi untuk meningkatkan kecekapan operasi dan pengalaman pelanggan adalah penting.
3. Perkongsian Strategik: Bekerjasama dengan platform e-dagang dan penyedia logistik dapat memperluas tawaran perkhidmatan dan pangkalan pelanggan.
4. Pengoptimuman Kos: Menyelaraskan operasi dan mengurangkan perbelanjaan tetap dapat meningkatkan prestasi kewangan.
Dengan melaksanakan strategi ini, Pos Malaysia boleh berusaha untuk mencapai keuntungan yang serupa dengan SingPost.
2 weeks ago
POS of DRB 😀
Promoting trust and transparency Pos Digicert issues digital security certificate
(Kuala Lumpur 31st) Pos Digicert, a subsidiary of Pos Malaysia, has launched a new digital product - eCredentia, which aims to help individuals and institutions securely verify academic and professional qualifications and enhance trust and transparency in the education and employment fields. This move also marks Malaysia’s digital transformation reaching a new level. Pos Digicert recently made the above announcement at the 2024 Digital Trust Symposium. This seminar brings together industry experts, technology leaders and business giants to promote innovative digital solutions. According to the statement, Pos Malaysia chief executive officer Charles Brewer said that through the launch of digital security certificates, electronic identity verification (eKYC) solutions and digital signature platform (SignMe platform), Pos Digicert is accelerating the digital transformation of enterprises and government agencies, helping Improve operational efficiency and realize a secure digital future. Digital security certificates are mainly used for identity verification, while electronic identity verification is used to reduce the risk of fraud. As for the digital signature platform, it is an electronic signature platform developed by the authorities in cooperation with SigniFlow, which provides seamless work program integration and real-time tracking to facilitate the realization of legally binding electronic signatures. Charles Brewer stressed that Pos Malaysia will continue to support the development of Malaysia’s digital economy, which is not only a compliance requirement but also a reflection of the company’s commitment to building trust. Amir Suhaimi Overcomes Digital Transformation Challenges Digital Trust is Possible Amir Suhaimi, Chief Operating Officer of Pos Digicert, said digital trust is not just a buzzword, but a commitment to integrity and security at every digital touchpoint. “Through customized solutions, we help various industries overcome the challenges of digital transformation and make digital trust practical.” Amir Suhaimi said in his speech at the meeting. This seminar demonstrated how these solutions can be used in various fields. Implemented in industries ranging from government, education, finance to medical care, electronic identity verification, digital signature and other technologies have improved the security and reliability of interactions. This seminar aims to explore key topics including trust services, digital innovation in the medical field, digital tax implications and the MyPTPTN super application. In addition, 8 companies received the "Digital Transformation Excellence Award" for their outstanding performance in digital transformation in recognition of their outstanding contributions in promoting Malaysia's digital transformation agenda. Attendees included Ahmad Dasuki, CEO of the National Higher Education Fund Board, Raj Faramli, co-founder and CEO of Data8 Sdn Bhd, Ahmad Sauki, Director of Information Technology Department of the Inland Revenue Board of Malaysia, etc. The 2024 Digital Trust Symposium brings together industry experts, technology leaders and business giants to discuss innovative digital solutions.
2 weeks ago
**Meningkatkan Kepercayaan dan Ketelusan: Pos Digicert Melancarkan Sijil Keselamatan Digital**
**Nanyang Jumaat, 1 Nov 2024 12:25am - 13 jam**
(Kuala Lumpur, 31 Okt) Anak syarikat Pos Malaysia, Pos Digicert, melancarkan produk digital baharu bernama eCredentia. Produk ini bertujuan untuk membantu individu dan organisasi mengesahkan kelayakan akademik dan profesional secara selamat, sekaligus meningkatkan kepercayaan dan ketelusan dalam bidang pendidikan dan pekerjaan. Langkah ini juga menandakan kemajuan baharu dalam transformasi digital Malaysia.
Pengumuman tersebut dibuat oleh Pos Digicert semasa Seminar Amanah Digital 2024. Seminar ini menghimpunkan pakar industri, pemimpin teknologi, dan tokoh perniagaan, dengan tujuan untuk mempromosikan penyelesaian digital yang inovatif.
Menurut kenyataan media, Ketua Pegawai Eksekutif Pos Malaysia, Charles Brewer, menyatakan bahawa dengan pelancaran sijil keselamatan digital, penyelesaian pengesahan e-identiti (eKYC), dan platform tandatangan digital (SignMe platform), Pos Digicert mempercepatkan transformasi digital bagi syarikat dan agensi kerajaan, membantu meningkatkan kecekapan operasi serta merealisasikan masa depan digital yang selamat.
Sijil keselamatan digital berperanan dalam pengesahan identiti, manakala pengesahan e-identiti bertujuan mengurangkan risiko penipuan. Platform tandatangan digital pula adalah hasil kerjasama dengan SigniFlow, menyediakan integrasi aliran kerja yang lancar dan penjejakan masa nyata, memudahkan penggunaan tandatangan elektronik yang sah di sisi undang-undang.
Charles Brewer menegaskan bahawa Pos Malaysia akan terus menyokong pembangunan ekonomi digital Malaysia. Ini bukan sekadar memenuhi keperluan pematuhan, tetapi juga cerminan komitmen syarikat untuk membina kepercayaan.
**Mengatasi Cabaran Transformasi Digital**
**Amanah Digital yang Realistik**
Ketua Pegawai Operasi Pos Digicert, Amir Suhaimi, berkata bahawa amanah digital bukan sekadar istilah popular, tetapi adalah komitmen untuk menjamin integriti dan keselamatan di setiap titik sentuhan digital.
“Melalui penyelesaian yang disesuaikan, kami membantu pelbagai industri mengatasi cabaran transformasi digital, menjadikan amanah digital suatu realiti.”
Amir Suhaimi dalam ucapannya berkata, seminar ini menunjukkan bagaimana penyelesaian ini dapat dilaksanakan dalam pelbagai sektor, dari kerajaan, pendidikan, kewangan hingga kesihatan, dengan teknologi pengesahan e-identiti dan tandatangan digital yang meningkatkan keselamatan dan kebolehpercayaan interaksi.
Seminar ini juga bertujuan membincangkan isu-isu utama termasuk perkhidmatan amanah, inovasi digital dalam bidang kesihatan, kesan percukaian digital, dan aplikasi super MyPTPTN.
Selain itu, 8 syarikat dianugerahkan “Anugerah Kecemerlangan Transformasi Digital” atas prestasi cemerlang mereka dalam agenda transformasi digital Malaysia.
Antara yang hadir termasuk Ketua Pegawai Eksekutif Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN), Ahmad Dasuki, Pengasas Bersama dan Ketua Pegawai Eksekutif Data8 Ltd, Rajeefah Ramli, dan Pengarah Jabatan Teknologi Maklumat Lembaga Hasil Dalam Negeri Malaysia, Ahmad Shauki.
**Seminar Amanah Digital**
Seminar Amanah Digital 2024 menghimpunkan pakar industri, pemimpin teknologi, dan tokoh perniagaan untuk bersama-sama membincangkan penyelesaian digital yang inovatif.
2 weeks ago
To calculate the loss for DRB, we can look at the difference between the purchase price and the current price of POS Malaysia shares:
Purchase Price: RM3.60
Current Price: RM0.32 (32 sen)
The loss per share is:
Loss per share
=
Purchase Price
−
Current Price
=
3.60
−
0.32
=
3.28
RM
Loss per share=Purchase Price−Current Price=3.60−0.32=3.28 RM
If DRB owned, say, 1 million shares, the total loss would be:
Total Loss
=
Loss per share
×
Number of shares
=
3.28
×
1
,
000
,
000
=
3
,
280
,
000
RM
Total Loss=Loss per share×Number of shares=3.28×1,000,000=3,280,000 RM
2 weeks ago
Syed taik kena buat sesuatu, celaka punya kroni madey kutty, kimak. POS & DRB🫵🏻🤭
2 weeks ago
Macc should investigate drb why wasted so much money invested in pos Malaysia; risk of siphoning out funds out of pos since acquisition? Acquisition price paid rm3.60; now 32sen, less than 10% left. Good example: KUALA LUMPUR (Nov 4): The Malaysian Anti-Corruption Commission (MACC) raided the office of a local fashion business, along with three other business premises on Monday, in a probe into significant investment losses incurred by Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB).
In a post shared on MACC's official TikTok account, the agency revealed that the operation was conducted as part of the investigation into the loss of public funds, totalling RM43.9 million.
The 58-second video clip shows MACC officers arriving at the office of the online fashion business, here, and conducting inspections and interviews.
The post also shared that the investigation was carried out under Section 18 of the MACC Act, although details regarding the locations of the other premises, which were raided simultaneously, were not disclosed.
Bernama is currently seeking additional information regarding the raid.
On Saturday, MACC chief commissioner Tan Sri Azam Baki assured the public that the inquiry into the investment losses related to Khazanah and PNB, involving the online fashion business, would be carried out impartially and professionally.
2 weeks ago
Siasatlah drb; beli pos @RM3.60; kini 32sen pulak😂🤣
PUTRAJAYA (Nov 5): The founding couple of an online fashion business on Tuesday provided their statements to the Malaysian Anti-Corruption Commission (MACC).
This was after the graft busters initiated a probe into Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd's (PNB) investment in the fashion business, which resulted in RM43.9 million losses.
The couple, who have been present at the MACC Headquarters since 2.30pm, have not yet left the graft buster's premises as of 8pm.
Sources confirmed that the couple were still being questioned and the process is expected to be completed by 10pm and expected to continue on Wednesday.
Earlier, when contacted by Bernama, MACC chief commissioner Tan Sri Azam Baki confirmed that the couple had been summoned to assist investigations related to the case.
As of Monday, he said four witnesses from PNB, Khazanah and the Ministry of Finance had been called to provide statements to assist investigations.
On Monday, the MACC announced, through a post on its official TikTok page, that the commission had raided the office of a local online fashion business and three other premises and seized various documents for investigation.
The investigation is conducted under Section 18 of the MACC Act.
Earlier, Azam said that the investigations into the loss incurred by the fashion business would be conducted fairly and professionally, further emphasising that the investigation was essential as it involved public funds and was of public interest.
Azam also urged the public to provide space for the investigation to be carried out and avoid speculation and a 'public trial' against the parties involved.
2 weeks ago
Beat BYD for sure ! Top sale in MY soon !!!
https://www.youtube.com/watch?v=yqrilHEqFXA
1 week ago
38km per liter petrol !! ( Proton Hybrid version)
https://www.youtube.com/watch?v=qK_dtjSxr2E
1 week ago
Syed focuses on pos to defend mamak kutty selling pos to drb, crony syed punya plan kini kot😁😁
Syed Mokhtar Al-Bukhary, sometimes seen as a "crony" of former Prime Minister Mahathir Mohamad, has significant business interests in Malaysia, including his stake in Pos Malaysia, acquired by his company DRB-HICOM in 2011 when Mahathir was influential in the government. There are several reasons why Syed Mokhtar and, by extension, those close to his business empire may prioritize Pos Malaysia’s success and prevent its failure:
1. National Importance of Pos Malaysia
Strategic Value as a National Asset: Pos Malaysia is one of Malaysia’s oldest and most significant national institutions. It serves a critical role in postal services and logistics, especially in rural areas where private companies may not operate. Allowing Pos Malaysia to fail would risk losing this essential service, which would be a major public and political issue.
Government Support for Public Services: Even if Pos Malaysia faces financial difficulties, there is a strong likelihood of government intervention or restructuring efforts to keep it operational, as closing it would impact millions of Malaysians.
2. Syed Mokhtar’s Stake and Business Reputation
Reputation and Influence: As one of Malaysia’s most prominent businessmen, Syed Mokhtar has a reputation to maintain. A failure of Pos Malaysia under his control could have reputational implications for him and his other business interests, which rely on public and government goodwill.
Long-Term Financial Interests: The businesses under DRB-HICOM and the larger Al-Bukhary Group benefit from maintaining Pos Malaysia, as it offers synergies across their logistics, manufacturing, and services sectors. Protecting Pos Malaysia’s financial health safeguards these interdependencies and strengthens Syed Mokhtar’s business portfolio.
3. Government Support and Ties to DRB-HICOM
Potential for Government Aid: Given DRB-HICOM’s strong ties to the government, Pos Malaysia may benefit from policies, subsidies, or even financial support that prevent it from failing. DRB-HICOM's history of collaboration with the government means that any trouble Pos Malaysia faces could attract prompt intervention.
Public-Private Partnership Initiatives: Syed Mokhtar’s companies often participate in public-private partnerships with the Malaysian government, meaning Pos Malaysia could also see support through partnerships or initiatives, especially with the push for digital and logistical modernization in Malaysia.
4. Political Sensitivity of Pos Malaysia’s Success
Symbolic Importance: As a former state-owned enterprise, Pos Malaysia is politically significant. Its success or failure reflects the effectiveness of past privatizations and business decisions made under Mahathir’s influence. Allowing Pos Malaysia to fail could be seen as a failure of the policies from Mahathir's era, affecting the legacy associated with these moves.
Mahathir’s Influence and Connections: Although Mahathir is no longer in office, his influence in certain political circles and with business figures like Syed Mokhtar remains significant. Ensuring Pos Malaysia’s continuity aligns with protecting the investments made during his administration.
5. Synergies with the Digital Economy and E-Commerce
E-Commerce Opportunities: Pos Malaysia has significant potential in the e-commerce and logistics sector, with the rise of online shopping in Malaysia. Syed Mokhtar likely recognizes the potential to transform Pos Malaysia into a leading logistics provider in the country.
Investment in Modernization: Recent efforts by Pos Malaysia to modernize its logistics and increase operational efficiency could lead to a turnaround in performance, making it an asset that Syed Mokhtar would want to protect and grow, rather than let fail.
6. Avoidance of Negative Public Perception
Public Perception of Cronyism: If Pos Malaysia were to fail under Syed Mokhtar’s ownership, it could reinforce negative perceptions of cronyism, potentially affecting public opinion and regulatory scrutiny toward his other businesses. Maintaining Pos Malaysia’s success helps Syed Mokhtar manage public and political goodwill.
Legacy Concerns: Pos Malaysia’s performance under DRB-HICOM is linked to Mahathir’s era and policies. Ensuring its resilience can help preserve the perception of that period’s economic policies as effective, which could influence Mahathir’s legacy and Syed Mokhtar’s alignment with it.
In short, Pos Malaysia’s potential for growth, combined with its national and political significance, makes it a business Syed Mokhtar is incentivized to support and keep viable. Its success aligns with preserving his business interests, political connections, and the broader influence of the legacy left by Mahathir’s administration.
@ocbc
Bank listing coming ?
18 hours ago
6 days ago
Anwar mau fight kronisme madey kutty. barangkali, anwar govt akan force crony syed jualkan pos balik kpd kerajaan pada harga 50sen & ke atas untuk membetulkan kesalahan madey kutty dulu. Nationalisation balik!!! wait & see...
6 days ago
Pos; kesan legasi kronisme mamak kutty dulu. Baik bagi anwar nationalise pos back to rectify mamak kutty mismangement of the country dulu😎
6 days ago
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.
6 days ago
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.
6 days ago
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.
6 days ago
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.
6 days ago
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.
6 days ago
Pos Malaysia Berhad (Pos Malaysia)
Pos Malaysia is Malaysia's national post and parcel service provider, holding the sole mandate to deliver
services under the universal postal service obligation for the country. With a proud history spanning
over 200 years, the group has diversified beyond traditional mail and parcel services to offer end-toend logistics solutions and varied products through our aviation, retail, logistics and digital services. We
have pivoted from a mail company that also delivers parcels to a parcel delivery company that also
delivers mail. Our purpose is, we are passionate about building trust to connect lives and businesses
for a better tomorrow.
Pos Malaysia has an unparalleled last-mile reach, delivering to more than 11 million addresses
nationwide. With a network of over 3,500 touchpoints across the country, we connect with the Rakyat
throughout Malaysia, providing the most comprehensive retail network in the nation.
Pos Malaysia is majority-owned by the conglomerate DRB-HICOM Berhad.
12 hours ago
pos msia jadi postal bank macam di spore dengan merger with bank muamalat, wait n see.. semua subsi drb jugak
12 hours ago
drb perlukan financial reengineering bagi pos jika mau harga syer terbang semula
12 hours ago
drb menjunam sebab belum ada strategi untuk jadikan pos untung segera, rugi sejak 2019 sampai sekarang
10 hours ago
drb harus minta bantuan bagi pos, jika tiada kerajaan bantuan bagi postal services, tutupkannya dan hanya keep segmen aviation, logistics, pos shop & cafe
2 hours ago
postal services di sarawak dan sabah biarkanlah kerajaan negeri ambil alih macam maswings jugak
2 hours ago
DRB beli pos malaysia RM3.60 sesaham kini harga semasa 27sen... Lembaga pengarah DRB harus letak jawatan dan minta maaf kpd pelabur dan semua...sekian
2 hours ago
"DRB bought Pos Malaysia at RM3.60 per share, and the current price is 27 sen... The board of directors of DRB should resign and apologize to the investors and everyone... that's all."
2 hours ago
Wont buy until a solid plan emerged to turnaround pos malaysia... impairment loss of investment in pos msia at RM3.60 per share.
@xiaoeh
Dear Good123
is DRBH a good buy now?
2 minutes ago
2 hours ago
Posted by Good123 > 20 seconds ago | Report Abuse
Wont buy until a solid plan emerged to turnaround pos malaysia... impairment loss of investment in pos msia at RM3.60 per share.
Noted and thanks Good123
will keep close track on u...
when u buy we buy...?
2 hours ago
Drb, lepas shit motaik dah mati macam daim, baru ada perubahan ka? Satu per satu old fox crony mati, Kuasa Allah🤔
26 minutes ago
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Good123
通过DRB-Hicom，Syed Mokhtar Al-Bukhary收购马来西亚邮政（Pos Malaysia）被一些人视为马来西亚政治、商业和人际关系复杂动态的反映。以下是马哈蒂尔（Mahathir Mohamad）可能允许这一收购的几个原因：
政治联盟：Syed Mokhtar是马来西亚的知名商人，与政治领袖（包括马哈蒂尔）建立了关系网络。支持他的收购可能会巩固政治联盟，带来双赢的好处。
经济战略：马哈蒂尔一直倡导加强马来西亚本土企业和企业家。允许本土商人收购像马来西亚邮政这样的重大资产符合他促进国家利益和本土企业的愿景。
基础设施与发展：在Syed Mokhtar的领导下，DRB-Hicom参与了多项基础设施项目。马哈蒂尔可能看到马来西亚邮政可以融入更广泛的经济和基础设施发展，从而提升其运营效率。
稳定性与经验：Syed Mokhtar在管理多项业务（包括物流和运输）方面有着成功的记录。他的经验可能被视为对马来西亚邮政战略方向和稳定性的有益补充。
私有化趋势：在马哈蒂尔的任期内，私有化和鼓励私营部门参与公共服务的趋势愈加明显。DRB-Hicom作为一家私营实体的收购符合这一更广泛的经济政策框架。
裙带关系：虽然裙带关系常常受到批评，但在许多政治经济中却是现实。Syed Mokhtar与马哈蒂尔及执政精英的密切关系可能促进了这一收购，展示了个人关系如何影响商业决策。
总之，通过DRB-Hicom收购马来西亚邮政的Syed Mokhtar可以被视为战略经济考量、政治关系和马来西亚持续的私有化趋势的结合。
3 weeks ago