Mizuki (Thailand) Purchases Land at Hemaraj ESIE

Mizuki (Thailand) Co., Ltd. – a Japanese automotive parts manufacturer and a 100% subsidiary company of Mizushima-kiko Co., Ltd., – purchased 9 rai (15,440 square meters) of land at Hemaraj Eastern Seaboard Industrial Estate on 2 February 2011. The new factory will operate in December 2011 and will produce machining automotive parts related to engine, transmission, and suspension. Floor space of factory in initial operation will be about 2,000 square meters with plans to expand gradually depending on the order situation in the future.

Mr. Vivat Jiratikarnsakul (3rd from left), Executive Vice President of Hemaraj Land And Development Plc., exchanges contract with Mr. Koichi Takizawa (3rd from right), President/CEO of Mizushima-kiko Co., Ltd. while Mr. Sawasdi Horrungruang (center), Hemaraj’s Chairman of Advisors to the Board of Directors, Mr. Thavorn Anankusri (4th from left), Hemaraj’s Advisor to the Board of Directors, Mr. Masaaki Takizawa (2nd from right), Director of Mizushima-kiko Co., Ltd. and Mr. Kansuke Adachi (right), Executive Director look on.