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Greenergy Holdings Incorporated (GREEN) Company Profile

Greenergy Holdings Incorporated (GREEN) was incorporated as MUSIC Semiconductors Corporation on January 29, 1992. GREEN was established to engage in the creation, design, development and manufacture of specialty semiconductor products and to market and sell the same to customers worldwide. However, in 1999, with the approval of its shareholders, the Company became a holding company which lasted until 2003, when it reverted to its prior state, being a semiconductor operating company. On December 15, 2008, the Securities and Exchange Commission (SEC) approved the change in GREEN's primary purpose from a semiconductor company to a holding company, and the change in its corporate name from Music Semiconductors Corporation to MUSX Corporation. In the latter part of 2010, under a new management, GREEN began its initiative in venturing into other business opportunities apart from the semiconductor business. One of these business opportunities pertain to the field of renewable energy. In June 22, 2011, the SEC approved the Company's proposal to change the corporate name from MUSX Corporation to the present one.
GREEN's sole operating business remains the semiconductor business, organized under wholly-owned subsidiary, MUSIC Semiconductors Philippines Inc. (MSPI). In December 2010, the Company sought stockholders' approval during its annual meeting to divest 61% interest in MSPI as well as the divestment of interest in its foreign subsidiaries MUSIC Semiconductors, Inc., Musem Electronic N.V., and Protelcon, Inc.

Headquarter/Main Office Address:

88 Corporate Center, 
141 Valero St., Salcedo Village, Makati City

Telephone Numbers: (049) 549-1480

Fax No.: (049) 549-1024

Email Address: jimmy_soo@music-mt.com

Company Website: www.musicsemicorp.com
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"Greenergy Holdings Incorporated (GREEN) Company Profile" was written by Mary under the Business category. It has been read 2463 times and generated 0 comments. The article was created on and updated on 14 March 2012.
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