Pos Malaysia looks for a catalyst

Pos Malaysia Bhd, best known for having an extensive reach throughout the country, faces the daunting task of carving out a catalyst to maintain its earnings growth.

Since June 2012, it has appreciated more than 120%, peaking at RM6, recorded at end-November last year, as investors bought into its growth story of a rosy earnings outlook due to a hike in postal rates and potential savings from synergies with parent DRB-Hicom Bhd.