C04289-2015 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 1,720,000,660 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Re-allocation of Use of Proceeds |
Background/Description of the Disclosure |
On July 31, 2015, the Board of Directors of Xurpas Inc. ("Xurpas") has approved the re-allocation of Php785.98 Million from its initial public offering proceeds for the development and expansion of existing content. This amount was originally part of the allocation for (1) expansion on existing points of distribution and (2) general corporate purposes. |
Other Relevant Information |
N/A |
Name | Mark Gorriceta |
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Designation | Assistant Chief Information Officer |