Pos Malaysia Berhad : Higher Postal Tariffs From 1 Jul 10 - 07/04/2010

Higher postal tariffs and staff salaries w.e.f. 1 Jul 10. Pos Malaysia (POSM) announced that it will raise domestic postage stamps for standard mail below 50
gram, non-standard mail below 100 gram, periodicals, and PosDokumen w.e.f. 1 Jul 10. Upon its implementation, prices of domestic postage stamps for standard mail weighing up to 20 gram and 50 gram will be increased from 30-40 sen to 60- 70 sen. Higher postal tariffs aside, POSM will also raise employees’ salaries (which
we understand is about 30% lower than the average government servant’s salary) in order to boost its employees’ productivity that is in turn crucial in helping POSM to kick start its transformation plan.

Pos Malaysia Berhad :Higher Postal Tariffs From 1 Jul 10 - 07/04/2010