Nationwide Express has revealed that they will be ceasing their operations next month. The local courier company has been around since 1985.
For those who don’t know, Nationwide Express was founded by the late businessman Tan Sri Basir Ismail. It was well-known among the public as one of the country’s leading courier service providers.
According to a report by The Edge, the company is currently taking steps to gradually cease its operations. The decision came as a result of a winding-up petition which was filed against the company. Head of strategic sales and marketing Syahrindah Azman said, “The winding-up petition may eventually lead to cessation of business and operations, which will ultimately result in the closure of the entire company.”
In the statement, the company said that they are ceasing its business operations effective 15th December. Their last pickup will be on 7th December. “We wish to put on record that we have always valued the business relationship that has existed between us over the years. Once again thank you for your support,” Syahridah concluded her statement.
According to its website, Nationwide Express has a total of 1,100 employees. The company also has more than 300 vehicles, and 500 motorbike couriers. It also has a network of 150 branches and agents in Malaysia, Singapore and Brunei, with the capacity to manage more than 40,000 packages per day.
Source: The Edge Markets.