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Thursday, 19 January 2017

(The Star) Pos Malaysia counts on FlexiPrepaid service

PETALING JAYA: Pos Malaysia Bhd seeks to gain a larger footprint in the e-commerce segment as it unveils its latest product to cater specifically to customers and online business merchants.
Group chief executive officer Datuk Mohd Shukrie Mohd Salleh said the new service, FlexiPrepaid, is anticipated to bring in an additional revenue of RM30mil per year to Pos Malaysia.
“All these while, when it comes to e-commerce business, the revenue has always been generated by Pos Laju.
“The FlexiPrepaid service will enable the traditional mail business of Pos Malaysia to benefit from the e-commerce segment,” he said after the launch of the new service yesterday.
Shukrie said FlexiPrepaid charges would be 40%-50% lower than Pos Laju’s existing courier service offerings.
On whether Pos Malaysia has received any proposal from interested parties to acquire a stake in Pos Laju, Shukrie declined to disclose further information, citing confidentiality.
“By far, Pos Laju is the most profitable unit under Pos Malaysia and we are always open for any potential collaboration with capable partners.
“It is good to have partners who can bring in expertise, technology and also help us to spread regionally,” said Shukrie.
Pos Laju is a wholly-owned subsidiary of Pos Malaysia.
The FlexiPrepaid service offers delivery of light weight goods up to two kilogram per delivery nationwide, for charges up to only RM7.50 inclusive of goods and services tax (GST).
This service will have premium features equivalent to Pos Laju services, except for the fact that it targets non-urgent deliveries.
Pos Malaysia promises the goods delivery within a minimum of three days for intra-state delivery or a maximum of one week for deliveries to Sabah and Sarawak.
For inter-state delivery, items will be transported within four days.

E-commerce currently contributes about RM60mil a month to Pos Laju’s revenue.