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
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.