Pos Malaysia forging regional alliances
Pos Malaysia & Services Holdings Bhd is setting up strategic alliances with private logistics and postal companies in East Asia to tap into the region’s courier market worth an estimated USD1.2 billion (RM4.56 billion) a year, says group managing director Datuk Ikmal Hijaz Hashim. He said the company had identified its potential partners and hoped to seal the alliances and begin transporting packages for them in the first half of 2005. “We are currently looking at Thailand, South Korea, China and Hong Kong,” he said after the company’s EGM in Kuala Lumpur on Dec 16.
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