Pos Malaysia

Pos Malaysia Berhad
Public company
Industry Postal services
Founded Early 1800s
Headquarters Ibu Pejabat Pos Besar, Kuala Lumpur, Malaysia
Key people
Dato' Mohd Shukrie Mohd Salleh, Group CEO
Products Postal services
Revenue IncreaseRM1.494 billion (2015)[1]
DecreaseRM181.3 million (2015)[1]
DecreaseRM127.1 million (2015)[1]
Total assets IncreaseRM1.68 billion (2015)[1]
Number of employees
18,377 (2015)
Parent DRB-HICOM
Website www.pos.com.my

Pos Malaysia Berhad is a postal delivery service in Malaysia, established in early 1800s.[2]

Pos Malaysia provides postal and related services, namely:

The company holds an exclusive concession to provide mail services through its network of over 926 branches and mini post offices in Malaysia.[4]

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.[5]

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[6] 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.[7]

Subsidiaries[8]

No Name Of Company Shareholder Percentage Of Shareholding
1 Datapos (M) Sdn Bhd Pos Malaysia Berhad 100%
2 Digicert Sdn Bhd Pos Malaysia Berhad 100%
3 PMB Properties Sdn Bhd Pos Malaysia Berhad 100%
4 Pos Ar-Rahnu Sdn Bhd Pos Malaysia Berhad 100%
5 Poslaju (M) Sdn Bhd Pos Malaysia Berhad 100%
6 Pos Malaysia & Services Holdings Berhad Pos Malaysia Berhad 100%
7 Pos Takaful Agency Sdn Bhd Pos Malaysia Berhad 100%
8 Prestige Future Sdn Bhd PSH Capital Partners Sdn Bhd 100%
9 PSH Allied Berhad Pos Malaysia Berhad 100%
10 PSH Capital Partners Sdn Bhd Pos Malaysia Berhad 100%
11 PSH Express Sdn Bhd PSH Venture Capital Sdn Bhd 100%
12 PSH Investment Holdings (BVI) Ltd Pos Malaysia & Services Holdings Berhad 100%
13 PSH Properties Sdn Bhd Pos Malaysia Berhad 100%
14 PSH Venture Capital Sdn Bhd Pos Malaysia Berhad 100%
15 Real Riviera Sdn Bhd PSH Properties Sdn Bhd 100%
16 Effivation Sdn Bhd Pos Malaysia Berhad

PSH Properties Sdn Bhd

99.99%

0.01%

Associates[8]

No. Name of Company Shareholder Percentage of Shareholding
1 PosPay Exchange Sdn Bhd Pos Malaysia Berhad 50%
2 CEN Sdn Bhd Pos Malaysia Berhad 42.5%
3 Elpos Print Sdn Bhd Pos Malaysia Berhad 40%
4 CEN Worldwide Sdn Bhd CEN Sdn Bhd 100%
5 CEN Technology Sdn Bhd CEN Sdn Bhd 50%

References

This article is issued from Wikipedia - version of the 8/30/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.