Quantium Solutions International Pte Ltd. provides logistics and fulfillment services to businesses in the Asia Pacific region. It offers warehousing and distribution services that include storage of handphones, accessories, simcards, set-up boxes, books, CDs, and magazines; order picking and packing; order processing; returns management and quality check; weekly cycle counting; local delivery of products to shops, corporate offices, and residential units; and manpower support services. The company also provides parcels shipping services; integrated mailroom solutions that include mail processing and mail distribution services; and mailing services, such as cross border and domestic mail ser...
29, Tampines Street 92
Quantium Solutions Building
Founded in 2001
Singapore Post Limited, Alibaba Group Holding Limited and Quantium Solutions International Pte Ltd. Announce to Expand E-Commerce Logistics Cooperation
Jul 8 15
Singapore Post Limited and Alibaba Group Holding Limited announced a series of new initiatives for collaboration and growth following the signing of a joint venture agreement. The three initiatives signal the deepening of a business relationship that started last year and a commitment from both parties to increase e-commerce logistics collaboration in the future to build a leading e-commerce logistics platform to service the rapidly growing e-commerce businesses across Asia Pacific and beyond. Initiative One:Alibaba will invest up to approximately SGD 92 million in QSI for a 34% stake in Quantium Solutions International (QSI), SingPost will hold the remaining 66% of the equity of QSI. QSI is currently a wholly owned subsidiary of SingPost providing leading end-to-end e-commerce logistics and fulfilment services across the Asia Pacific region. Its network spans more than 10 countries and the company offers customers e-commerce logistics solutions and warehousing across Asia Pacific. QSI will reorganize its business and become the joint venture vehicle of SingPost and Alibaba Group. This will allow QSI to ramp up its development of e-commerce logistics infrastructure and services. In addition, QSI will also become a platform for both parties to strengthen their collaboration and realize synergies across their businesses. QSI will encompass e-commerce warehousing, last mile delivery and other end-to-end e-commerce solutions. Initiative Two: Alibaba Group will purchase 107,553,907 new ordinary shares amounting to 5% of the existing share capital of SingPost for SGD 187.1 million. Upon completion, Alibaba’s deemed interest on a fully diluted basis in SingPost will rise from 10.23% to 14.51%. Alibaba Group’s acquisition of additional equity in SingPost is subject to Info-Communications Development Authority of Singapore (IDA) and SingPost’s shareholder approvals. Alibaba Group acquired its initial stake in SingPost in 2014. Initiative Three: SingPost and Alibaba have also entered into a joint strategic business development framework to further improve efficiency and integration of e-commerce logistics solutions. SingPost and Alibaba will share their respective knowledge and leverage each other’s strengths to scale across the e-commerce logistics value chain. A joint Steering Committee will be created and drawn from their respective executives.
Quantium Solutions International Pte. Ltd. Enters into a Joint Venture Agreement with Shenzhen Shangcheng Investment Co. Ltd., Shenzhen Capital Group Co., Ltd and Shenzhen Keying Investment Consultancy Co. Ltd
Aug 7 13
The Board of Directors of Singapore Post Limited announced that Quantium Solutions International Pte. Ltd. (‘QSI’), has entered into a Joint Venture Agreement with Shenzhen Shangcheng Investment Co. Ltd.(‘ Shangcheng Investment’), Shenzhen Capital Group Co., Ltd. (SCG), and Shenzhen Keying Investment Consultancy Co. Ltd.(‘ Shenzhen Keying’) on August 7, 2013. Under the terms of the JVA, QSI has agreed to subscribe for 18% equity interest in Shenzhen 4PX Information and Technology Co. Ltd(‘4PX IT’) for a consideration of RMB 60 million(‘subscription’). Pursuant to an Equity Transfer Agreement entered with 4PX IT, 4PX IT agreed to purchase QSI's 20% equity interest in Shenzhen 4PX Express Co., Ltd. for a consideration of RMB 61.80 million. The Subscription and Transfer are collectively referred to as ‘Rationalisation’. The consideration for the Subscription was arrived at following negotiations on a willing buyer willing seller basis after taking into consideration, inter alia, various factors including the existing assets, financial position and business prospects of 4PX IT. The subscription is financed from the proceeds of the Transfer. Upon completion of the Subscription, Shangcheng Investment, SCG, Shenzhen Keying and QSI will respectively hold 58.275%, 13.725%, 10% and 18% equity interest in 4PX IT. 4PX IT's principle activities are research and development and sales of computer hardware and software, import and export of goods and import and export of technology (IT Business). 4PX IT is the holding company of 4PX Express.