C01604-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock | 3,466,139,072 |
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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Appointment of a new external auditor in place of the registrant's former auditing firm, Teodoro Santamaria Canlas & Co., Certified Public Accountants due to its pending accreditation with SEC and BOA. |
Background/Description of the Disclosure |
Appointment of a new external auditor in place of the registrant's former auditing firm, Teodoro Santamaria Canlas & Co., Certified Public Accountants due to its pending accreditation with SEC and BOA. |
Date of Approval by Board of Directors | Mar 20, 2017 |
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Date of Approval by Stockholders | TBA |
Previous External Auditor | Teodoro Santamaria Canlas & Co., Certified Public Accountants |
New External Auditor | Mangay-Ayam, Lim & Co., Certified Public Accountants |
Effective Date of Engagement of New External Auditor | Mar 20, 2017 |
Rationale for Replacement |
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The SEC and BOA accreditation of the signing partner of the Registrant's former auditing firm, Teodoro Santamaria Canlas & Co., Certified Public Accountants, is still pending to date. |
Other Relevant Information |
Please find attached SEC Form 17-C. |
Name | Elizabeth Morales |
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Designation | AVP- Accounting Dept. |