Singapore postal mail business expansion DataPost acquisition mixed

Recently, Singapore postal purchase its affiliated company DataPost the remaining 30% of the shares ($6 million Singapore dollars), to expand mixed mail business.

In 1994, DataPost founded in Singapore and started to develop data mixed mail business, is a material printing and mailing service provider. After the acquisition is complete, DataPost will become a wholly owned subsidiary of Singapore post, responsible for providing end-to-end mail services, including for Banks, insurance companies, government agencies and telecom companies, such as the main customers with confidential material printing, letters shopping and packet sealing services, etc.

DuoNian to DataPost, in the region to greatly expand business, directly or indirectly through in Malaysia, Hong Kong, Thailand and the Philippines joint venture enterprise configuration material printing equipment. At present, the company is the largest area of material printing, printing quantity on providers of 28 million copies, mail of 14 million pieces processing.

Singapore post chief executives DataPost can provide enterprises with low cost, high benefit end-to-end services, including data formatting, security printing, processing and digital archive. Through this acquisition, Singapore post to DataPost flexible control will, and in the regions in the development of the hybrid mail business. The company will be the full support of the mail business development plan for mixed the region to provide better service to customers. Since 2009, the postal service has been committed to Singapore in the areas of business development, the completion of the acquisition, including some strategic acquisition cross-border postal logistics company QuantiumSolutions and a specialized in postal and logistics technology solutions of American technology companies, the Postea to the purchase of DataPost for company provides a new platform of the development of regional business.