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| Talking Point | Interviews | Success Stories | China Today | Import & Export | Legally Speaking | Regional Development |
DTTNCo's New Development
DTTNCo has now become a wholly-owned subsidiary of Tradelink

An exciting new development of Digital Trade and Transportation Network Limited (DTTNCo) is now underway. DTTNCo's holding company, Tradelink Electronic Commerce Limited (Tradelink) has announced that this March it has successfully completed it's buyout of DTTNCo's other shareholders, meaning that DTTNCo is now a wholly-owned subsidiary of Tradelink.

This acquisition marks the start of an encouraging new era for DTTNCo. The move should work in the long-term interests and benefits of all DTTN customers. The buyout will allow DTTN a much greater scope to offer value-adding services to meet the requirements and satisfy the demands of DTTN customers. The primary focus will continue to be providing electronic connections to their business partners outside Hong Kong, particularly those in China.

DTTN will continue to offer existing as well as new customers the same open, secure and trusted services. DTTN will adhere to its existing pricing policy and maintain the service pledge made to all their customers. This incorporates the quality of service, high levels of data security and confidentiality that their customers have come to expect and appreciate.

DTTN remains committed to its open position and continues to offer unlimited licensing to anybody who requires the use of DTTN document standards and formats. They will also continue to develop value adding applications and provide additional benefits to customers by working closely with partners.

In order to guide DTTN towards goals to best benefit the widest possible range of its users, DTTNCo will establish an advisory board, comprising of representatives from all areas of the business community. This will ensure an unprecedented level of community participation within the operation of DTTN, as well as reinforcing the transparency of its operations.

Tradelink's acquisition of DTTNCo will allow the company to operate more freely in the offer of value-adding services and to expand its business market beyond Hong Kong.

Mr. Justin Yue, Chief Executive Officer of Tradelink, said, "The acquisition serves the long term interest and benefits of both DTTN and DTTN's customers and business partners. It allows DTTN to work more closely with business partners for the development of more quality applications, cost effective solutions and value-adding services to meet customers' requirements. DTTN is confident that it will meet the highest expectations of its customers."

 
Apr 2009
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