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Pos Malaysia Bhd has submitted a request for proposal to the government to manage the country’s fuel subsidy rationalisation programme, group CEO Datuk Iskandar Mizal Mahmood has said, according to a Bernama report.

“We are awaiting the answer from the government. They are evaluating it right now,” Iskandar told reporters yesterday, although he did not elaborate on the details of the proposal.

“We are hoping that the government will come back to us sooner. I can’t comment further on the proposal because of the confidentiality agreement that we have with the Malaysian government and the consortium partners,” he said.

Pos Malaysia has joined forces with Datasonic Group Bhd (involved in the MyKad programme) to bid for the concession. This joint-venture and Fuelsubs House Sdn Bhd are among seven parties that have submitted such proposals.