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Pos Malaysia

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Pos Malaysia Berhad
Company typePublic company
IndustryPostal services
FoundedEarly 1800s
HeadquartersIbu Pejabat Pos Besar, Kuala Lumpur, Malaysia
Key people
Dato' Mohd Shukrie Mohd Salleh, Group CEO
ProductsPostal services
RevenueIncreaseRM1.42 billion (2013/14)[1]
IncreaseRM283.2 million (2013/14)[1]
IncreaseRM157.7 million (2013/14)[1]
Total assetsIncreaseRM1.65 billion (2013/14)[1]
Number of employees
17,507 (2014)
ParentDRB-HICOM
Websitewww.pos.com.my

Pos Malaysia Berhad is a postal delivery service in Malaysia.

The organisation was restructured in 1992 from being a governmental owned Malaysian Postal Services Department or Jabatan Perkhidmatan Pos Malaysia into a business corporation.

Pos Malaysia provides postal and related services, transport logistics, printing and insertion, counter collection and payment agency services for a range of financial transactions, such as bill payments, remittance, insurance and unit trusts.

The company holds an exclusive concession to provide mail services through its network of over 850 branches and mini post offices in Malaysia.

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.

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 and 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[clarification needed] 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 four Strategic Business Units - Pos Mel, Pos Laju and Pos Niaga and Pos International – and the logistics arm will be supporting the delivery operations of the core services.


References

  1. ^ a b c d "Annual Reports". Pos Malaysia. Cite error: The named reference "Annual Reports" was defined multiple times with different content (see the help page).