C00369-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock | 8,512,658,975 |
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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Increase in Menlo Renewable Energy Corporation's authorized capital stock |
Background/Description of the Disclosure |
We would like to inform the Exchange that during the meeting of the Board of Directors of the Company held on 25 January 2017 at its principal office, wherein a quorum was present, the Board unanimously approved the resolution allowing Menlo Renewable Energy Corporation (MREN), the Company’s wholly-owned subsidiary, to increase its authorized capital stock from One Hundred Million Pesos (Php 100,000,00.00) to Five Hundred Million Pesos (Php 500,000,000.00) in order to allow the infusion of additional capital for MREN’s projects. |
Other Relevant Information |
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Name | Bernard Rabanzo |
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Designation | Director |