Pos Malaysia eyes M&As


Khalid (right) and Mohd Khamil speaking to reporters after the AGM. Khalid says the company is in talks with a Mideast courier firm.

PETALING JAYA: Pos Malaysia Bhd is eyeing more mergers and acquisitions as part of its five-year transformation plan, which includes diversification of the company's revenue stream.

“Negotiations are in the pipeline between us and one Middle Eastern courier company, and there are other plans in the logistics business,” Pos Malaysia group chief executive officer Datuk Khalid Abdol Rahman told reporters after the company's AGM here yesterday.

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