News Release

May 8, 2012 Edition

ACK Philippines, Inc. The Local Subsidiary Of Our Business Partner, Ack Co., Ltd. Became A Peza Registered Company. The Signing Ceremony Was Held In Manila.

ACK PHILIPPINES, INC. THE LOCAL SUBSIDIARY OF OUR BUSINESS PARTNER, ACK CO., LTD. BECAME A PEZA REGISTERED COMPANY. THE SIGNING CEREMONY WAS HELD IN MANILA.

On April 24, 2012, the signing ceremony for ACK Philippines, Inc. (located in Laguna Techno Park / Mr. Ebisu, President) becoming a registered company of PEZA (Philippine Economic Zone Authority) was held in Manila.

ACK Philippines is a local subsidiary of ACK Co., Ltd.(Headquarters in Fukuoka/ Mr. Matsumoto, President) which is our partner in business. This registration will grant a privilege to allow income tax exemption, simplified import/export procedures and other benefits. We have been increasing efforts in setting up a logistic and procurement base of MHI DIASYS NETMATION at the board factory.

We will continue cooperating with ACK Co., Ltd. to promote this factory to be our hub in Philippines.

From left; Mr. Ohta, Deputy General Manager, MHICS / Mr. Ebisu, President, ACK-PH / Ms. De Lima, Director General, PEZA / Mr. Matsumoto, President, ACK Co., Ltd. / Mr. Togashi, Manager of ACK-PH

 

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