FOR IMMEDIATE RELEASE
1997-0059
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FOR IMMEDIATE RELEASE 1997-0059 |
FAPL is 100% owned by Fujitsu Limited, and its share holdings in the other Fujitsu group companies in the region will vary according to each country's legal requirements. The formation of FAPL is considered the latest step in the consolidation process which commenced in late 1996 when Fujitsu and ICL merged their Asian operations.
Through consolidation of its businesses in Singapore, Malaysia, Thailand, the Philippines and Indonesia, Fujitsu is determined to be a major force in the region. Fujitsu will build upon the strengths of its current group companies, with the focus on key growth sectors such as Financial Services, Retail, Manufacturing, Government/Public Utilities (Telecom) and Network-based services. The next phase will expand the group's reach to Brunei, Laos, Cambodia, Vietnam and Myanmar.
Fujitsu firmly believes that this new initiative will bring greater benefits to its customers through improved price/performance as a result of more efficient purchasing and better logistics. Fujitsu's customers will also be offered new competitive technology solutions arising from greater, combined resources as well as quality software solutions based on vast systems engineering experiences.
"Being closer to the local customer base and key decision makers will significantlly enhance Fujitsu's capacity to bring proven, advanced solutions rapidly to the ASEAN market ", said Tadashi Sekizawa, president and representative director of Fujitsu Limited. "With the dawn of the Information Super Highway age in Asia, tremendous opportunities are emerging, as governments seek to use information technology to create greater prosperity for their citizens. Fujitsu is keenly interested in being a strategic partner in these exciting ventures," he added.
Mr. Yukihiro Ikegami , Managing Director of FAPL, is also excited about the challenge, " While the exponential growth of information technology in Asia throws open numerous opportunities, I am conscious of the fact that the winners will be ones that are totally customer focused. Once the customers' trust and confidence are ensured, business success will follow."
| Established | March 11, 1997 |
| Start of Operations | April 1997 |
| Capital | 9.64 million Singapore Dollars (Approx. US$6.9 Million) |
| Registered Location | TeleTech Park, Singapore Science Park II |
| Managing Director | Mr.Yukihiro Ikegami |
| Ownership | Fujitsu Limited 100% |
| Employees | About 70 |
| Revenue Plan (Consolidated) | US$500 Million by the year 2000 |
| FAPL affiliated companies | Fujitsu Computers (Singapore) Pte. Ltd. (FCSL) Fujitsu Philippines, Inc. (FPI) P.T. Fujitsu Systems Indonesia (FSI) Fujitsu Systems Business (Thailand) Ltd. (FSBT) Fujitsu Systems Business (Malaysia) Berhad (FSB) Fujitsu Computer Systems (Malaysia) Sdn. Bhd. (FCSM) |