Once again PAP donates Sinkieland hard-earned money to Ah Neh land

[A Singaporean]

SingPost's loss-making Indian e-commerce logistics unit under liquidation
TUE, DEC 01, 2020 - 11:00 PM
SHARANYA PILLAI
THE India unit of Quantium Solutions (QS), the e-commerce logistics business of Singapore Post (SingPost), has been placed under voluntary liquidation, the mainboard-listed firm announced in a Tuesday bourse filing.

The Business Times understands that the 66 per cent indirect subsidiary of SingPost, Quantium Mail Logistics Solutions (India), had been loss-making. Following a 2019 strategic review of QS' operations, a decision was made to shut down the India unit and pivot to other core Asia-Pacific markets.

QS India had offered a range of e-commerce logistics services, such as warehousing, mailroom operations, cross-border and last-mile delivery services. SingPost does not expect its liquidation to have a material impact on its financial showing for the year ending March 2021

 

[zhihau]

Anyone keeping stock?

the bank, the airline, and now this?

 

[tanwahtiu]

Sengkang voters were right to kick arse loong out.... They see it coming ah loong is a fake leader.

Bloody CAQ old fart Lee.

 

[bobby]

Donch worry...plenty of money in our reserves jaga by Macik.

 

[millim6868]

hoora hoora, covid 19 we paid, now all neh bankruot we pay ,end up PAPigs increased price for all n suck us dry,cos in the end neh will take back everything ,song bo 61%, who want to work in india

 

[laksaboy]

Donch worry...plenty of money in our reserves jaga by Macik.

One robber 'jaga' for other robbers.

 

[syed putra]

Dontch blame India. Blame sinkie lackadaisical management.

 

[Cottonmouth]

Filthy indian again. Fuck India and their shits