First American Scientific Corp (FASC - OTCBB) awarded 5 year income tax exemption to manufacture KDS Systems by the Ministry of International Trade & Industry in Malaysia
21/07/2008 (Market Watch), Kuala Lumpur - Mr. Neo Tek Siong, President of FASC Malaysia Sdn Bhd and Brian Nichols, President of First American Scientific Corp ( FASC.OB ) are pleased to jointly announce that the Ministry of International Trade And Industry for Malaysia has approved the Company's application for Pioneer Status and granted an income tax exemption for five years on profits earned from "the manufacture of KDS Micronex Systems, Modules and parts thereof" in Malaysia.
