Corporate digest

Singapore Post

SINGAPORE Post's subsidiary, Quantium Solutions International (QSI), will see its equity shareholding of SingPost's associated company, Shenzhen 4PX Information and Technology Co (4PX), fall to 19.75 per cent from 30.52 per cent after additional new shares are issued.

This comes as 4PX has agreed to issue additional shares to existing shareholder Zhejiang Cainiao Supply Chain Management Co, subject to conditions. With that, 4PX will cease to be an associated company of SingPost.