I only heard of shipito from the Whirlpool forums as well. I ordered mine from Kobo, but I hear it's cheaper to order from Chapters Indigo (although I've also heard they don't accept returns of defective units, so you'd have to ship it directly back to Kobo if ever).
From Kobo it took about a week to get to the US, then another 2 weeks for the forwarder to deliver to me. The forwarder I use only delivers to my country though, and not to Malaysia. Maybe you can find a similar service in your country.
Update: Check these rates out, although I'm not sure how accurate they are, and if there are other charges as well (membership, etc.).
http://www.shipito.com/malaysia
In my case (using a local forwarding service, not shipito), the H2O was about 2 lbs (rounded up from around 1.5 lbs) and I was charged around $20 for shipping.