BFM 89.9
The Business Station
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Revenue for Pos Malaysia's mail segment came in at RM905m with mail volumes expected to decline by 5% steadily in the next 5 years. Growth will come from its courier & logistics segment with a potential tie-up with China conglomerate Alibaba, that also coincides with PM's Datuk Seri Najib Razak trip this week. Another postal tariff hike expected after General Elections next year could be a catalyst for earnings.
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