Pos Malaysia

Last updated

Pos Malaysia Berhad
FormerlyJabatan Perkhidmatan Pos
Straits Settlements Post Office
Company typePublicly traded state-owned enterprise
MYX: 4634
ISIN MYL4634OO001
Industry Postal services, courier
FoundedEarly 1800s; 224 years ago
Headquarters Ibu Pejabat Pos Besar, Kuala Lumpur, Malaysia
Key people
Charles Brewer
(Group Chief Executive Officer)
RevenueRM2.19 billion (2020) [1]
Total assets RM2.71 billion (2020) [1]
Number of employees
18,487 (2022)
Parent DRB-HICOM
Website www.pos.com.my

Pos Malaysia Berhad (English: Malaysian Post, MYX : 4634) is a postal delivery service in Malaysia, with history dating back to early 1800s. [2]

Contents

Services

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 across Malaysia. [3]

About

Pos Malaysia post office in Batu Pahat, Johor Pos Malaysia Batu Pahat Post Office.jpg
Pos Malaysia post office in Batu Pahat, Johor

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. [4]

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.

The Federated Malay States Posts and Telegraphs Department was formally created on 1 January 1905 with the merger of the postal and telegraph services of Perak, Selangor, Negri Sembilan, and Pahang. [5]

The Kajang town Post Office in June 2021, located near Stadium Kajang at the heart of the town. Kajang Post Office 2021.jpg
The Kajang town Post Office in June 2021, located near Stadium Kajang at the heart of the town.

A Malayan Postage Union was established in 1907 that instituted universal postage rates for the Federated Malay States, the Straits Settlements, and Johor. Kedah, Kelantan, and Trengganu joined in 1909 when they transferred from Thailand to British protection. [5] [6] [7]

It also started as a medium for the transmission 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 bills, sale of dog licences, payment of pensions, sale of television licence and others.

In 1992, Pos Malaysia Berhad was corporated [8] 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, Data Pos, POS ArRahnu, POS Digicert, POS Solutions & POS Online. [9]

Origins and Evolution

Pos Malaysia, the parent company of Pos Laju, has its roots in the early postal services established during the Straits Settlements era in the 1800s. The mail system back then primarily served to facilitate communications between the British colonies. After Malaysia gained independence in 1957, the mail system was nationalized, leading to the establishment of Jabatan Perkhidmatan Pos Malaysia or the Malaysian Postal Services Department.

Formation of Pos Laju

Pos Laju was officially launched in 1985 as the express courier arm of Pos Malaysia, focusing on time-sensitive delivery of documents and parcels.

Expansion and Services

Pos Laju offers services including express parcel delivery, logistics, freight forwarding, and e-commerce. The network of Pos Laju encompasses over 1,000 touchpoints, including branches, authorized agents, kiosks, and drop boxes.[ citation needed ]

Subsidiaries [10]

NoName Of CompanyShareholderPercentage Of Shareholding
1Datapos (M) Sdn BhdPos Malaysia Berhad100%
2Digicert Sdn BhdPos Malaysia Berhad100%
3PMB Properties Sdn BhdPos Malaysia Berhad100%
4Pos Ar-Rahnu Sdn BhdPos Malaysia Berhad100%
5Pos Laju (M) Sdn BhdPos Malaysia Berhad100%
6Pos Malaysia & Services Holdings BerhadPos Malaysia Berhad100%
7Pos Takaful Agency Sdn BhdPos Malaysia Berhad100%
8Prestige Future Sdn BhdPSH Capital Partners Sdn Bhd100%
9PSH Allied BerhadPos Malaysia Berhad100%
10PSH Capital Partners Sdn BhdPos Malaysia Berhad100%
11PSH Express Sdn BhdPSH Venture Capital Sdn Bhd100%
12PSH Investment Holdings (BVI) LtdPos Malaysia & Services Holdings Berhad100%
13PSH Properties Sdn BhdPos Malaysia Berhad100%
14PSH Venture Capital Sdn BhdPos Malaysia Berhad100%
15Real Riviera Sdn BhdPSH Properties Sdn Bhd100%
16Effivation Sdn BhdPos Malaysia Berhad

PSH Properties Sdn Bhd

99.99%

0.01%

17Pos Aviation Sdn BhdPos Malaysia Berhad100%

Associates [10]

No.Name of CompanyShareholderPercentage of Shareholding
1PosPay Exchange Sdn BhdPos Malaysia Berhad50%
2CEN Sdn BhdPos Malaysia Berhad42.5%
3Elpos Print Sdn BhdPos Malaysia Berhad40%
4CEN Sdn BhdFREE
5CEN Technology Sdn BhdCEN Sdn Bhd50%

See also

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References

  1. 1 2 "Annual Reports".
  2. "Evolusi 200 tahun industri pos di Malaysia". astroawani.
  3. 1 2 "Archived copy" (PDF). Archived from the original (PDF) on 26 June 2017. Retrieved 30 August 2016.{{cite web}}: CS1 maint: archived copy as title (link)
  4. "Pos Malaysia". pos Malaysia.
  5. 1 2 Report on the Post and Telegraphs Department for the Year 1924,Supplement to the FMS Government Gazette, 26 June 1925. http://commonrepo.um.edu.my/432/1/FMS%20GOV%201925_24.pdf
  6. "Restaurant POS Systems" . Retrieved 2 May 2023.
  7. "Speed Dating Hong Kong" . Retrieved 22 March 2023.
  8. "Company Overview of Pos Malaysia Berhad, Prior to Merger with POS Malaysia & Services Holdings Bhd". Bloomberg. Retrieved 15 August 2016.
  9. "Pos Malaysia". pos Malaysia.
  10. 1 2 "Pos Malaysia". pos Malaysia. Retrieved 30 August 2016.