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)
Feb 24, 2017
2. SEC Identification Number
A-1997-18963
3. BIR Tax Identification No.
005-011-651-000
4. Exact name of issuer as specified in its charter
ASIA UNITED BANK CORPORATION
5. Province, country or other jurisdiction of incorporation
Pasig City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig CityPostal Code1600
8. Issuer's telephone number, including area code
(632) 631-3333 / (632) 638-6888
9. Former name or former address, if changed since last report
Not Applicable
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
485,310,538
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.
Asia United Bank CorporationAUB
PSE Disclosure Form 4-8 - Change in Directors and/or Officers (Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Resignation and Election of Officers
Background/Description of the Disclosure
At the meeting of the Board of Directors held today, the Bank accepted the resignation of Mr. Jonathan C. Ng as Treasurer, and Atty. Ria Carmela R. Cruz as Assistant Corporate Secretary of the Corporation to take effect upon the qualification of their successors. Likewise, in view of the foregoing resignations, the Board elected Ms. Herminia Musico as Treasurer, to replace Mr. Jonathan C. Ng and Atty. Christine Marie D. Aragones as Assistant Corporate Secretary to replace Atty. Ria Carmela R. Cruz, and to serve as such for the unexpired terms of their predecessors, and until such time that their successors are duly elected and qualified. Their qualifications and experience were duly deliberated and endorsed by the Nomination Committee in an earlier meeting and their election shall be subject to the approval of the BangkoSentral ng Pilipinas after duly complying with its requirements.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Jonathan C. Ng
Treasurer
02/24/2017
due to mounting pressure of equally important work and responsibilities as President of Republic Biscuit Corporation
Ria Carmela R. Cruz
Assistant Corporate Secretary
02/24/2017
to seek other employment opportunities
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)