Ownership Agreement for Joint Business Unit Signed

October 31, 2013 Published by Leave your thoughts

Jakarta, 30 October 2013

2013-003 DUQSi Indonesia Press Release – Creation of Joint Business Unit

On Friday 25 October 2013 PT. Delphi Utama President Wido Rahardjo and QSi Holding Ltd. CEO Eugène Tuinstra signed an agreement for the creation of a Joint Business Unit under PT. Delphi Utama, named DUQSi Indonesia, with the intention to incorporate the unit as Joint Venture in the near future.

PT. Delphi Utama and QSi Holding Ltd. are partners since 2009, and have in their cooperation created a network of media installations in the twenty largest train stations in Java, in direct contracts with PT. Kereta Api Indonesia. DUQSi Indonesia intents to expand that network also to other islands in Indonesia, and furthermore expand on its shopping mall product “The Central” and airport product “DA4FID”.

DUQSi Indonesia intents to become one of the largest media companies in Indonesia, providing a platform for media buyers to advertise in public places in a concept of need-based-media.

DUQSi Indonesia

PT. Delphi Utama (DU) and QSi Holding Limited (QSi) entered into a long term partnership in February 2009, with the purpose to promote QSi media products throughout Indonesia. In October 2013 both parties signed a Joint Business Unit Ownership Agreement, creating DUQSi Indonesia officially. Together DU and QSi combine the highest technical quality with installation capacity and state of the art software. This combination of skills guarantees property owners and media buyers the quality exposure that boosts their effectiveness and image. For more information please visit the website www.du-qsi.com.

QSi Holding Limited

QSi Holding Limited is a media technology company that is based in Hong Kong S.A.R. The company emerged in 2008 as the result of a joint venture between Querendo Ltd from Hong Kong and System Integration Air Traffic Management AB (also known as Si ATM) from Sweden.

The two companies Querendo and Si ATM together host a wide range of expertise from different disciplines and their combined knowledge and experience enables QSi to be competitive in markets that are both complex and dynamic. QSi have currently developed four main products:

  • DA4FID – Digital Advertising for Flight Information Displays (out-door)
  • DA4RID – Digital Advertising for Railway Information Displays (out-door)
  • The Terminal – Digital Advertising for Hospitality Sector (in & out-door)
  • The Central – Digital Advertising for Commercial Sector (out-door)

For more information please visit the website www.qsi-holding.com.

PT. Delphi Utama

PT. Delphi Utama is the legal representative and partner of QSi Holding Limited in Indonesia since January 2009. The Indonesian company started its operation in 1975 as supply and installation of security, laboratory, electronics, and telecommunication equipment. In 2009 it expanded its business into media solutions to respond to growing market opportunity. For more information visit the website www.delphiutama.com.

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