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10/03/2008

Notification of Opening New Office in India.

We are pleased to inform you that effective September 3, 2008, we opened a new office in Bangalore, India. operated by Hakuto Singapore Pte Ltd., (Location of Main Office; Singapore. Date of Establishment; November 1977. President; Takashi Kumakawa, Capital; SIN$ 5,000,000) which is one of the subsidiary companies of Hakuto Co., Ltd. The new office immediately started its full operations such as marketing, market researching, etc. required for promoting sales of our electronic parts and equipment in India.

Background and Object of the New Office
As known by the name of BRICs, India has been achieving a remarkable economic growth in recent years. So far, Hakuto Singapore has operated our business in India from its office in Singapore, but to meet the increasing volume of business and to attain more effective and efficient expansion of our business in India, our Hakuto Singapore opened its new office in Bangalore to carry out the necessary market research and establish a "follow-up system" to meet our customers' needs. Bangalore and its surrounding areas have been rapidly developing in recent years, because increasing number of EMS and Japanese manufacturers have been extensively operating their business in the areas. These areas are also conveniently located for us to make easy access to other areas such as Pune and Hyderabad where many other companies are also aggressively operating their business. We are sure that Hakuto Singapore’s new office established in Bangalore will help us promote our business in these areas where there are many potential customers, which will eventually contribute to further expansion of our business in India. /

General Information of Hakuto Singapore/India Office;
Address; 1st Floor, #423,7B Main, 1stBlock HRBR Layout, Kalyan Nagar, Banaswadi, Bangalore 560 043, India
Telephone; +91-80-25428125

Major Line of Business
Market Research, Sales Promotion and Liaison for electronic parts and electronic systems.