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SRN FAST SEACRAFTS. INC.

HISTORY PROFILE

SRN Fastcrafts, Inc. Main

It was during the inaugural or maiden voyage of MS EXPRESS, the passenger ferry boat of A.S. SHIPPING CORPORATION headed by Hadji Ahmad W. Sakaluran as President, last February 19, 1997 and Hadji Wahab A. Amil, a nephew of Hadji Ahmad W. Sakaluran was a guest, that when they were able to conferred later, Hadji Ahmad W. Sakaluran suggested to Hadji Wahab A. Amil that he can also partake in this type of business as the sea is a big area for all of them. It was during this talk that my name was suggested by Hadji Ahmad W. Sakaluran to prepare all the documents necessary for an entity to operate a passenger ferry boat within Zamboanga City.
The company was started last April 1997, when the main proponent, HADJI WAHAB A. AMIL contacted the undersigned to create a company to operate a passenger ferry boat in southern Philippines. Undersigned gave him a week to ponder his intention, as this will involve a lot of paper works. Undersigned was then working with the M/V "LADY MARY JOY No. 1 as its HEPE DE VIAJE. It was the only ship then plying the BIMP-EAGA route directly from Zamboanga City to Sandakan, Sabah, Malaysia and vice-versa route. A few days later, or after undersigned arrived from Sandakan, Sabah, Malaysia, the go signal to begin organizing a company to manage a passenger ferry boat commence.

ORIGINAL INCORPORATORS

It took a month later or on May 13, 1997 the SRN FAST SEACRAFTS, INC. was organized, amended and registered with the Securities & Exchange Commission with the following original incorporators, to wit:

The above were the original incorporators/stockholders and the only employee of the corporation at the time of registration or at the beginning of operation.
We have to confine to the prime movers of the company, with HADJI WAHAB AMIL, it's Chairman-President, for a background or features that made this self-mademan a successful businessmen and sport enthusiasm in then community

HADJI WAHAB A. AMIL

Born on May 2, 1955 at Campo Muslim in Zamboanga City, the eldest son of ten (10) offspring of Hadji Abdulgani Amil and Hadja Saiama Ahmad Amil. He finished his elementary education at the Tuburan Elementary School, Basilan Province. For high school, he graduated at the Zamboanga A. E. College High School in 1971.

He left for Manila thereafter, to study at the Far Eastern University taking up Medical Technology and was able to complete only his second year in college. He was force to discontinue his studies when the war perpetrated by the Moro National Liberation Front (MNLF) involved their place at Tuburan, Basilan Province, as his source of income ceased to support his studies. He returned to his province to seek his livelihood and then got married to his childhood sweetheart Hadji Aida Munib Amil in February 14, 1974. When hostilities between the MNLF and our government forces intensified in the area, he left for a safer haven in Semporna, Sabah, Malaysia and there began fishing within the vicinities, as his means of livelihood. With the birth of their first child Shabree, his family transferred to Zamboanga City, to find their mode of living. It was at the Zamboanga Public Market that he first conducted his buy and sell business. He sold his Rolex watch as starting capital for P10,000.00, from there he moved to the nearby barter trade to try his luck by personally going onboard small kumpit (wooden-hulled vessel) for his trips to and from Labuan, Sabah, Malaysia Because of his frugal and prudent mode of living, he progressed in his undertakings, up to going later to Singapore to pursue his barter trade business, where he learned to deal with sophisticated businessmen, their use of cellular telephones, long distance telephone communications, fax machines and absorbed how to negotiate with luxurious hotels, class restaurants, and other venues for conferences/appointments etc., to further enhance his wealth. He was later on trusted by these Singaporean entrepreneurs that loaned him their wares to be paid later. He also learned the intricacies of the shipping trade when he became a charterer of kumpits (wooden-hulled ships) that plies the Labuan- Zamboanga City barter trade route and as expected he became very successful in all his engagement. His business contact in Singapore, Bangkok, Indonesia and Malaysia are so immense, that by just calling or contacting them, he got his order of goods he wanted.

On his many trip to Labuan, Sabah, Malaysia, he saw how passenger ferries make their daily voyages to Brunei, Darussalam and Kota Kinabalu, Sabah, Malaysia and even rode on them to get the feel of it.

In Zamboanga City Hadji Wahab A. Amil carved a name as a basketball enthusiasm, where in every tournament he and his team became participants. He support, patronized and financed the Muslim youth in the fields of basketball forthem to have a drug free environment. His sport mindedness are well known in Zamboanga City, and sometimes in other places outside Zamboanga City where their team are usually invited to play.

Hadji Wahab A. Amil is a very pious man, an Islamic faith practitioner, had his children educated in Islamic tenet or teaching, and always favoring the Islamic religious activities, to include the giving of alms and financial support to his brethrens or fellowmen who are in dire necessity. During every HARIRAYA, he voluntarily bestowed financial sustenance to his close relatives, friends, the widow, poor and orphaned, as his JAKAT or religious obligation where a part of his income are shared with those in poverty. He is a known philanthropist, helping those in financial crisis, such as the burial expenses of a love one and other extreme financial requisites.

Because of his beneficent, compassionate or charitable traits, he is realty blessed by the ALMIGHTY ALLAH, hence his success in business and in his daily life.

WEESAM EXPRESS VESSELS

As for the passenger ferry boat acquisition, contact were made with Mr. Yong Choo Kui, owner of the Yong Choo Kui Shipyard, Sdn. Bhd. at Sibu,. Sarawak, Malaysia. The first passenger steel hull boat was acquired from the operator of the BULLET EXPRESS, thence, it was commission by SRN FAST SEACRAFTS, INC. to be finished by the above-shipyard which when completed then, a team led by undersigned went to take delivery of said vessel from Sibu, Sarawak, Malaysia. The name of the craft M/V "WEESAM EXPRESS" was derived from the name of the youngest son of HADJI WAHAB A. AMIL, the President-Chairman whose name was WEESAM.

Weesam Express 2

The sea craft is fully enclosed air-conditioned atmosphere, with 278 comfortable/reclining seats, equipped with the latest safety and navigational implement, powered by 2 x 2250 HP Mitsubishi Marine Engines, has a cruising speed of 30 knots, a canteen to cater to passenger's snack, well-trained complement to attend to the passenger's needs. The Inaugural voyage of this craft was on September 21, 1997. the anniversary of Martial Law, from Zamboanga City to Jolo, Sulu . Later on the regular airplane flight to Jolo, Sulu was cancelled that aside from the higher fare it is cheaper to take the M/V "WEESAM EXPRESS" and the travel time is only three (3) hours.

Next to be acquired was the M/V "WEESAM EXPRESS II", the EX-PINTAS SAMUDRA II in June 1998. Undersigned led the team that took delivery of this vessel at Sibu, Sarawak, Malaysia. This vessel as procured from the Sri Johore Bahru for the Zamboanga City-Lamitan, Basilan Province and vice-versa route. It has a fully enclosed air-conditioned atmosphere, with 165 comfortable seats, equipped with the latest safety and navigational implements, well-trained officers/crew to attend to the passengers, a canteen for passenger snacks, it is powered by 2 x 1100 HP Yanmar Marine Engines and can cruise the one-way trip to Lamitan, Basilan .Province in thirty minutes flat. Later the Ipil Zamboanga del Sur was added to the trip. However, because there was no way to expand or increase the passenger capacity this particular vessel was returned to the shipyard in June 2002 for trips at Nunukan, Indonesia and Tawau, Sabah, Malaysia.

As expansion became the trend, the MV "WEESAM EXPRESSS 3" was acquired in March 1999 with undersigned leading the team who took delivery of the vessel. This vessel plied the Zamboanga City-Pagadian City route. This vessel has a fully enclosed air-conditioned atmosphere, with 168 comfortable/reclining seats, powered by 2 x 1500 HP Caterpillar DITA 3512 Marine Engines, has a cruising speed of 30 knots, with complete or latest safety and navigational implements, well-trained complements to attend to the needs of the riding public, a canteen to cater to the snacks of the passengers. Later on Subanipa, Zamboanga del Sur was included as the pass-by or middle passage of the trip.

Weesam Express 5

By December 1999, the M/V "WEESAM EXPRESS 5" was acquired to augment the fleet. Again undersigned led the team who took delivery of the vessel from Sibu, Sarawak, Malaysia. This vessel has a fully enclosed air-conditioned atmosphere, has 288 comfortable reclining seats, equipped with the latest safety and navigational implements, well-trained complement to serve the needs of the passengers, a canteen to cater to the snacks of passengers, powered by 2 x 2400 HP Caterpillar DITA 3516 Marine Engines, has a cruising speed of 30 knots and deployed at the Zamboanga City-Bongao, TawiTawi and vice-versa route. Later this vessel was serving the BIMP-EAGA route or particularly Zamboanga City-Bongao, Tawi-Tawi- Sandakan, Sabah, Malaysia and vice versa route. This ship is now an ISPS (International Ship and Port facility Security) compliance to engage in trade at Sandakan, Sabah, Malaysia or any international port of entry.

In the Philippines, there are lots of ports that have numerous traffic or passengers frequencies. Take for example the Batangas City to Calapan Mindoro which is in demand for more ships to ferry passengers daily. The Manila to Cavite which is a coastal area will help alleviate traffic or even the Pasig river in Metro Manila. To deploy fast ferries in this Pasig river, from Binangonan going down river to the metropolis will also decongest traffic thereat. With our model of passenger ferries, that is enclosed overall, no bad odor or foul smelling stench coming from outside the river will penetrate, hence, it wilt freshen up the clients with the fully air-conditioned atmosphere and assure more patronage.

In the Visayan waters there are still areas where we can deploy our passenger ferries, such as the Cebu City to Ormoc, Leyte and vice-versa route, Cebu City to Dumaguete City up to Dapitan City in northern Mindanao and vice-versa route. This area has been served before by fast passenger ferries, but to unknown reasons, most operators abandon them.

Next to be taken for delivery will be the M/V "WEESAM EXPRESS 7" another top aluminum hull that is nearing construction completion at the Yong Choo Kui Shipyard, Sdn. Bhd. The schedule is sometime this 2006, hence all paper works are in progress or ready for action anytime. This passenger ferry is the latest model with about 300 reclining/comfortable seats, fully enclosed air-conditioned atmosphere, with the latest safety and navigational aids, whose engines are still to be procured or maybe the latest Cummins Marine Engines of 16 cylinders and can be propelled at more than 30 knots. This vessel is a new Malaysian fast craft model, innovative and brand new to augment the fleet.

PRESENT BOARD OF DIRECTORS

Presently the present board of directors of the corporation has been changed, with the hereunder composition to wit:

Main ticketing office

There are plentiful of boat complement employed by the company for each boat having an average of 12 seafarers that for five (5) ships the overall people hired onboard is about sixty (60) personnel, not counting the other support personnel such as: security guards, porters, mooring, water tender, etc.

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