Malaysia plan to extend the postal express and logistics business

Recently, Malaysia's biggest shareholder postal announced plans to expand express and logistics business.

Malaysia's biggest group company territory-one of the DRB-HICOM company won the privatization in April 622.8 million after auction, jeter (144 million euros) acquisition Malaysia postal 32.1% of the shares, the shares from the government's state-owned assets and strategic investment bought shares.

DRB-HICOM said the company plans to use the cooperation between the two companies will be short-term plan opportunity, focus on improving Malaysia postal express packages of the domestic market share, business development services to reverse electronic retail network, and use the postal network ascension of banking, insurance and logistics business.

In 2010, the first time exceeded 1 billion Malaysia postal revenue at close to 1.1 billion super, jeter (255 million euros), operating profit by 2009 the 82.35 million jeter jeter rose to 105.67 million (24.5 million euros).

Source Internet