IMI eyes expansion to warehousing, logistics support services

Ayala-led Integrated Micro-Electronics Inc. (IMI) is looking to expand its services as the company works its way toward profitability after significantly cutting its losses in 2024.

- By RICHMOND MERCURIO

IMI's board has approved the amendment to the second article of the company's articles of incorporation to include in the primary purpose activities such as providing warehousing or logistics support services.

"This allows the company to provide additional services such as warehousing/logistics support services, particularly importation/procurement, storage, deposit, inventory management of goods for subsequent sales, transfers or dispositions to clients, interested establishments, agencies and/or export enterprises," IMI said.

The global electronics manufacturing solutions company said the amendment would be undertaken to consider the additional activities for potential future transactions other than purely manufacturing as well as to accommodate requests from customers.