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|Ionics, Inc. (ION) was incorporated on September 10, 1982 and started commercial operations in July 1987 to engage in electronic manufacturing services business. In September 1999, ION transferred its primary manufacturing business to a majority-owned subsidiary, Ionics EMS, Inc. (EMS). Accordingly, the Company ceased to be a manufacturing company and amended its primary purpose to that of a holding company.
ION, through its subsidiaries, is a one-stop shop electronics manufacturing services provider. In particular, the group is a contract electronics manufacturer. Most of their end products are components and sub-assembly which are eventually used as inputs for the finished products of its customers. ION and its subsidiaries primarily focus on telecommunication, automotive, computer, consumer, plastic, and medical products.
Aside from EMS, the Company's other subsidiaries include Ionics Properties, Inc.; Ionics Circuits Limited; Iomni Precision, Inc.; and Synertronix, Inc (SI). On August 15, 2003, ION decided to discontinue the operations of SI and executed the contract to sell on July 18, 2014.
Source: SEC Form 17-A (2015)
|Subsector||Electrical Components & Equipment|
|Incorporation Date||Sep 10, 1982|
|Number of Directors||11|
|Stockholders' Meeting as per By-Laws||May - third Friday except holidays|
|Fiscal Year||12/31 (Month/Day)|
|External Auditor||SyCip, Gorres, Velayo & Company|
|Transfer Agent||Rizal Commercial Banking Corporation - Stock Transfer Dept.|
|Business Address||Light Industry & Science Park, Cabuyao, Laguna|
|Telephone Number||5844615 to 16; 5844667 to 68|
|Fax Number||5844616 ext 118|