NEWS

Establishment of a Production Company in the Philippines

February 15, 2001

Ltd (President: Yoshiro Hinoh) has established a precision parts and components production subsidiary company

cryogenic equipment and control equipment chiefly for the competitive costing of target products as a foreign plant of 메이저 카지노vy Industries and its group of companies

The affiliate of 메이저 카지노vy Industries to be set up in the Philippines will be the third one to be established following SHI Design and Manufacturing and SHI Plastic Machinery (Philippines)

Outline of New Company
이름: SHI Manufacturing and Services (Philippines)
Location: First Philippine Industrial Park (FPIP)
Established: December 2000
0 million) financed 100% by 메이저 카지노vy Industries
Representative: President Kuniaki Kusaba (currently Manager
Staff: Organization of 500 people by 2005
Plant scale: Land area of ​​10
Business activities: Processing and assemblage of precision parts and components and production of metal injection molding products

* PEZA = Philippine Economic Zone Authority (Philippines export and processing zone)
PEZA registered companies can receive favorable tax and other benefits

[Reference]
Existing affiliate companies in the Philippines

Name: SHI Design and Manufacturing
Location: Metropolitan Manila
Established: December 1989
75 million pesos (financed 100% by 메이저 카지노vy Industries)
Business activities: Design of various kinds of machinery and software creation

이름: SHI Plastics Machinery (Phils
Location: Metropolitan Manila
Established: June 1997
Capital: 6 million pesos (financed 100% by 메이저 카지노vy Industries)
servicing and related business of plastic molding machines