RM 625 Fuel Subsidy

POS MALAYSIA TO DISBURSE FUEL SUBSIDY ON 1 JULY 2008


KUALA LUMPUR, Thursday – Pos Malaysia Berhad (PMB) today announced that in line with yesterday’s decision made by the Government on fuel subsidy, PMB has been appointed as the agent for disbursement of this subsidy to eligible vehicle owners. Eligible Malaysians can start to claim the subsidy at all 686 post offices countrywide effective on 1 July 2008.

As announced by the Government, vehicles with valid Road Tax from 1 April 2008 until 31 March 2009 are entitled for the annual subsidy. Owners of cars up to 2,000 cc as well as pick-up trucks and jeeps up to 2,500 cc will receive RM625 for each vehicle. Motorcycles up to 250 cc will receive RM150 each.

Vehicle owners who come personally to make the claim at post offices shall be paid in cash. Those who appoint third parties to claim on their behalf shall receive the Money Order that will be mailed directly to the owner’s address that is furnished to PMB when making the claim.

Further details of the procedures and related documents required for the claim will be announced soon.

“PMB, through its extensive network of 686 post offices countrywide will be ready to serve our customers in handling the subsidy payments in a convenient and timely manner,” said Datuk Abu Huraira Abu Yazid, Acting Managing Director / Group Chief Executive Officer of PMB.