Published by Philstar
MANILA, Philippines — Cirtek Holdings Philippines Corp. (CHPC) has raised its environmental standards and management systems.
In a statement, CHPC said that its subsidiaries, Cirtek Electronics Corp. (CEC) and Cirtek Advanced Technology Solutions Inc. (CATSI) recently passed their ISO 14000 audits with Zero (0) non-conformance.
“Considering the stringent requirements of an ISO 14000 certificate, the company considers this a victorious achievement,” CHPC said.
The internationally recognized quality standards mean a company has effectively established and maintains adequate environmental standards as well as management systems.
Thus, an organization issued an ISO 140001 certificate operates in a manner that is more favorable to the environment, adhering international environmental laws and regulations, running its operations with the aim of preventing pollution, and continuously striving to improve its environmental performance, sustainability and green standards.
“Being ISO 14000 certified opens CHPC’s doors to the European customer demographics that are highly particular and selective with engaging partners who are environmentally compliant and have a green advocacy. Through its environmental certification, CHPC expects continuous internal organic sales growth from its European and Japanese customers,” CHPC said.
Moving forward, the company is bullish on the semiconductor industry worldwide, which is expected to experience growth between 10 percent and 15 percent this 2022.
Aug 16, 2021
Published by Daily Tribune
Cirtek Holdings Philippines Corporation (TECH) has raised P1.37 billion from the stock price offering of 249 million shares on Monday.
The company intends to use the proceeds from the offer to partially retire its short-term obligations and refinance the working capital of its subsidiaries, Quintel USA, Cirtek Electronics Corp. (CEC), and Cirtek Advanced Technologies and Solutions, Inc. (CATSI).
“I understand that Cirtek is eyeing new markets that would expand the product portfolio of its subsidiaries. With these activities, Cirtek’s units are well-positioned to bene...
Read moreDec 03, 2021
Published by Inquirer.net
Electronics manufacturer Cirtek Holdings Philippines Corp. is set to conclude today, Dec. 3, the public offering of as much as P2.5 billion worth of perpetual preferred shares, proceeds from which will be used to refinance debt and fund the expansion of key subsidiaries.
Cirtek’s preferred shares have two series: one with a synthetic maturity of three years carrying an interest rate of 6.5864 percent per annum, and another with a synthetic maturity of five years carrying an interest rate of 7.7506 percent per annum.
Higher divident rate The synthetic maturity means th...
Read moreSep 14, 2020
QUINTEL WINS NEW TELCO CONTRACT UNDER MASTER PURCHASE AGREEMENT
Quintel USA, Inc., a wholly owned subsidiary of Cirtek Holdings Philippines Corp., has fully concluded contract signing on a Master Purchase Agreement with a telecommunications operator ranking among the top five full-fledged wireless carriers in North America. Having spent close to half a billion dollars in acquiring new spectrum in auctions alone, the carrier is primed to launch full commercial services on fresh spectrum for 5G services 2021 beyond. As part of providing pioneering and constantly evolving innovative antenna solut...
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