The Company was incorporated on May 21, 1999, its Certificate of Incorporation was issued by the Securities & Exchange Commission in accordance with the Corporate Code of the Philippines (Batas Pambansa No. 68), approved on May 1, 1980.   Aside from the above registration the company was also registered and accredited with the following government agencies and private port operators.   Registration:   Maritime Industry Authority (MARINA) Philippine Ports Authority (PPA)   Accreditation:   Subic Bay Metropolitan Authority (SBMA) Poro Point Industrial Corporation (PPIC)