Published by Business Mirror
Laguna-based Cirtek Holdings Philippines Corp. on Thursday said its units were able to secure its respective ISO certifications on environmental and management standards, which will allow the company to attract more European and Japanese customers.
In its disclosure, the company said its units Cirtek Electronics Corp. and Cirtek Advanced Technology Solutions Inc. passed their ISO 14000 audits with zero non-conformance.
“Considering the stringent requirements of an ISO 14000 certificate, the company considers this a victorious achievement,” the company said. “Passing and securing an ISO 14000 standard provides assurance that a company has effectively established and maintains adequate environmental standards as well as management systems.” “This guarantees that organizations holding an ISO 140001 certificate adhere to the international environmental laws and regulations, run its operations with the aim of preventing pollution and continuously strive to improve its environmental performance, sustainability and green standards.”
Cirtek said being ISO 14000 certified opens its doors to the European customer demographics that are highly particular and selective with engaging partners who are environmental compliant and have a green advocacy.
The company said through its environmental certification, it expects internal organic sales growth from its European and Japanese customers.
The semiconductor industry worldwide is expected to experience growth between 10 percent to 15 percent this year.
Meanwhile, the company said it has extended its support to facilitate the drive to have majority of its employees vaccinated against Covid-19.
The company has cooperated with Laguna Technopark’s vaccination facility by fielding its own set of medical volunteers. As a result, it provided the employees easier access to a vaccination facility, which sits adjacent to the company’s premises.
This drove the workforce’s vaccination rate to 99.7 percent.
“Currently, the company’s medical team is moving forward to provide Covid-19 booster shots to strengthen herd immunity and pave the way to opening its doors again to international customers and visitors,” it said.
Dec 03, 2021
Published by Malaya
Cirtek Holdings Philippines Corp. expects to raise P2.5 billion from its ongoing preferred share sale.
It was earlier looking at a P3.5 billion fund raising.
The company said it is now selling 50 million of its preferred shares at an offer price of P50 apiece from an earlier 70 million, divided into an initial 30 million and another 20 million covering the oversubscription option.
The preferred shares that will have a series of TCB2C for the Preferred Class B-2 Subseries C and CB2D for the Preferred Class B-2 Subseries D will have a dividend rate of 6.5864 percent for TCB2C...
Read moreJan 12, 2021
Cirtek Electronics Corporation on Monday said it will scale-up its production and improve revenues
Read moreJul 14, 2021
Published by James A. Loyola Manila Bulletin
Quintel USA, Inc., the Telecom Base Station Antenna unit under of Cirtek Holdings Philippines Corporation has extended its Master Supply Agreement with two major leading carriers in North America.
In a disclosure to the Philippine Stock Exchange, Cirtek said “This extension allows Quintel another five years of secured business with these two telcos.”
It added that, “This comes at a time following a series of new product introductions released by Quintel when 5G is at an inflection point.”
Quintel’s 5G products are precisely designed with the custome...
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