a) To act as brokers, sole agents, distributors, manufacturer, business, service (shore-based maintenance) agents, importer, exporter, indentor, wholesaler, hydraulic system machineries, engines, instruments, tools vessels and parts thereof as may be required by the fishing, shipping and related industries. (As amended on Sept. 12, 2002).

b) To design, plan, fabricate, manufacture (electronics products and navigational buoy), construct, assemble, erect, install, calibrate, repair, maintain (shore-based maintenance) supply in whole or in part navigational, radio communication, refrigeration, hydraulic machineries and systems engine, instruments, tools, fishing gear and other devices as such marine industries may require. (As amended on Sept. 12, 2002)

a) To enter into any lawful arrangement with any corporation, partnership/association, syndicate, entity or person/s whether domestic or foreign for sharing profits union of interest, proposal concession, or cooperation in the carrying on of any business or transaction that may directly or indirectly benefit the corporation.

b) To set as attorney in fact, manager for any corporation, partnership/association, entity or person in the administration of the principal’s property or in any manner connected therewith under terms and conditions as may be agreed upon.

c) To make, perform, and carry out contracts of every sort and kind with any person, firm or corporation, private, public or municipal or body politic, local or foreign, and to conduct its business and exercise its powers in any part of the Philippines in any and all powers, which may be necessary or convenient to the accomplishment, or furtherance of its business.

d) To do everything necessary, proper, or convenient for the accomplishment or furtherance of any of the powers herein set forth and to do every other act and thing incidental thereto or connected therewith which hereafter maybe authorized by law.

     On October 27, 2003 Scan Marine, Inc. have updated its “Nature of Business” and “Product/ Services” in the registration of Business Name under Act 3883 as amended with the Department of Trade and Industry (DTI/NCR):

     Scan Marine, Inc. is the sole exclusive distributor in the Philippines of FURUNO Electric Co., Ltd., a leading marine electronics manufacturer in Japan that provides research, new technologies and development and manufacture of products, among others in the field of fishery, electronics systems and equipment and the maritime communication and navigation systems, and equipment. Furuno Electric Co. Ltd. has Quality Management System Certification – ISO 9001:2000, JIS Q 9901:2000.

- Accredited After-Sales Service and Repair Facilit
- Accredited Distributor of Genuine and Brand New   Parts of Furuno Products
- With Support from Furuno Electric Co. Ltd. in the   Quality Management System and Sales Services/   Repair/ Supply of Parts, warranty, and in the   SHORE-  BASED MAINTENANCE SERVICES/ Preventive   Maintenance Services for FURUNO marine, and other   electronics products sold in the Philippines.