Tri-Mode to offer e-commerce logistics platform

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KUALA LUMPUR (Sept 18): Integrated logistics service provider Tri-Mode System (M) Bhd has launched an e-commerce logistics platform in Malaysia to cater for inbound courier services.

Dubbed HiClicks Malaysia, the platform provides hassle- and worry-free courier services for online shoppers in Malaysia who purchase from various third party e-marketplace operating in Taiwan, Japan, South Korea and the US.

"Upon signing up for an account via HiClicks Malaysia's website, the purchased goods of our members will be delivered to the dedicated warehouses in the respective countries," said Tri-Mode in a statement today.

"Thereafter, members will be notified by HiClicks Malaysia through e-mail regarding the shipment's weight and shipping charges. Subsequent to payment via online transfer or credit card for the delivery charges, the purchased goods will be packed and delivered to the members' doorstep in Malaysia within seven to 14 days or 14 to 21 days, depending on the countries of origin," it added.

In a filing with Bursa Malaysia, Tri-Mode said its wholly-owned subsidiary Landbridge Haulage (M) Sdn Bhd had on Sept 15 entered into a memorandum of understanding (MoU) with OGN Online Sdn Bhd, a home grown dropship operator, to introduce HiClicks Malaysia.

HiClicks Malaysia runs its platform as an exclusive right, under HiClicks Taiwan platform operator.

In the statement, Tri-Mode group managing director Datuk Hew Han Seng said the group intends to introduce more promotions and rewards for its members on its new platform.

"We are optimistic that HiClicks Malaysia will be a hit in Malaysia soon as e-commerce is on track to achieve 21% growth by 2020, according to the ministry of international trade and industry, as well as given backing by the experienced team of Tri-Mode," Hew added.

Hew noted that the group is open for more business opportunities with local entrepreneurs and individuals.

Tri-Mode shares were untraded today. It last closed at 46 sen, for a market capitalisation of RM75.53 million.