In view of YEHEY! Corporation's ("YEHEY") submission of the procedures in updating its stock certificates, and in accordance with the Exchange's Policy on Updating of Stock Certificates, please be advised that the change in the par value of YEHEY's common shares from Php 1.00 per share to Php 0.01 per share will be reflected on the Exchange's trading system effective on Thursday, October 20, 2016.
SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Oct 12, 2016
2. SEC Identification Number
A1998-06865
3. BIR Tax Identification No.
005-301-677
4. Exact name of issuer as specified in its charter
Apollo Global Capital, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
1801 East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig CityPostal Code1605
8. Issuer's telephone number, including area code
(632) 620-2316
9. Former name or former address, if changed since last report
Yehey! Corporation
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common stock
278,000,000
11. Indicate the item numbers reported herein
Item 9
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.
YEHEY! CorporationYEHEYStock Symbol
PSE Disclosure Form 4-12 - Change in Par Value References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendment to disclose date of stokcholders' approval, date of approval by SEC and date of such receipt of approval
Background/Description of the Disclosure
Change the par value of the Company's common shares from Php1.00 to Php0.01 without any reduction in or return of capital intended to improve liquidity of the shares of the Company for the benefit of the shareholders.
Date of Approval by Board of Directors
Dec 7, 2015
Date of Approval by Stockholders
Dec 11, 2015
Date of Approval by Securities and Exchange Commission
Oct 7, 2016
Previous Par Value
Php 1.00
New Par Value
Php 0.01
Rationale for the change in par value of the Issuer's shares
Intended to improve liquidity of the shares of the Company for the benefit of the shareholders.
Effects on Capital Structure
Issued Shares
Type of Security /Stock Symbol
Before
After
common/Yehey
278,000,000
27,800,000,000
Outstanding Shares
Type of Security /Stock Symbol
Before
After
common/Yehey
278,000,000
27,800,000,000
Treasury Shares
Type of Security /Stock Symbol
Before
After
not applicable
0
0
Listed Shares
Type of Security /Stock Symbol
Before
After
common/Yehey
278,000,000
27,800,000,000
Procedure(s) for updating stock certificates
Details of Stock Transfer Agent
Name
BDO Stock Transfer
Address
15F South Tower BDO Corporate Center 7899 Makati Ave., Makati City
Contact Person
Gesan Tesioma
Inclusive dates when the old stock certificates can be replaced
Start Date
TBA
End Date
TBA
Documentary requirements
Individual Shareholders
New stock certificates shall be made available for replacement of Original Stock Certificates at a date to be announced by the Company. Shareholders must: i. surrender their Original Stock Certificates at the offices of the Transfer Agent ii.present two (2) valid identification cards of the stockholder on record (and submit photocopies thereof), one of which must be government issued, with the said stockholder’s photograph and specimen signature;
The new stock certificate(s) may be released to an authorized representative of the stockholder on record upon presentation by the authorized representative of his/her identification card with photograph thereon, submission of a photocopy of two (2) valid identification cards of the stockholder on record, one of which must be government-issued, and an original-signed authorization letter from the stockholder on record.
Corporate Shareholders
In the case of a corporate stockholder, a photocopy of the Articles of Incorporation and By-laws, the latest General Information Sheet, and a Secretary’s Certificate naming the authorized representative(s) of the corporate stockholder with their corresponding specimen signatures appearing thereon, must be submitted together with photocopy of each authorized representative’s valid identification cards with photograph thereon.
Date of availability of new stock certificates
TBA
Procedures in case of lost stock certificates
In the case of lost Original Stock Certificate, the stockholder of record is required to submit an Affidavit of Loss and an Affidavit of Publication certifying that the publication was made once a week for three (3) consecutive weeks. A sample cut-out of the published details of the stock certificate must accompany the Affidavit of Publication. Replacement of lost stock certificate(s) will be made after one (1) year from the last date of publication. If the stockholder on record wishes to expedite the replacement of the lost stock certificate(s), a surety bond issued by a reputable insurance company must be submitted to the Company, insuring 100% of the market value of the shares corresponding to the lost stock certificate(s).
Other Relevant Information
A. The amendments to this disclosure are: (1) date of approval by the SEC, and (2) date of receipt of such approval. Please note that the SEC Approval was received on 12 October 2016.
B. The Company shall cause its stock transfer agent, BDO Stock Transfer (“Transfer Agent”), to issue new stock certificates bearing the new corporate name and new par value, against the surrender of the stock certificates bearing the old corporate name and par value of the Company (the “Original Stock Certificates”).
At a later date to be announced by the Company and up to a period of three (3) months thereafter, the Original Stock Certificates may still be honoured for trading at the PSE. Thereafter, said Original Stock certificates will no longer be honoured for trading unless these are first surrendered to the Transfer Agent and replaced with new certificates.
Stockholders will not be charged any fee for having their Original Stock Certificates replaced.
C. The start date and end date when the old stock certificates can be replaced, and the date of availability of the new stock certificates will be be announced on a later date and will be disclosed separately.
YEHEY! CorporationYEHEYStock Symbol