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)
Apr 4, 2017
2. SEC Identification Number
39121
3. BIR Tax Identification No.
000-141-527-000
4. Exact name of issuer as specified in its charter
PhilWeb Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
The Penthouse Alphaland Southgate Tower 2258 Roces Avenue corner EDSA Makati City PhilippinesPostal Code1232
8. Issuer's telephone number, including area code
6323385599
9. Former name or former address, if changed since last report
-
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 share
1,435,451,680
11. Indicate the item numbers reported herein
-
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.
PhilWeb CorporationWEB
PSE Disclosure Form 10-1 - Acquisition or Disposition of Shares by Subsidiaries/Affiliates Reference: Section 10 of the Revised Disclosure Rules
Subject of the Disclosure
Disposition of Shares by Subsidiaries
Background/Description of the Disclosure
PhilWeb Corporation, thru its subsidiary BigGame, Inc., acquired a PAGCOR e-Games site in Novaliches from Jerry D. Bolo by giving the latter 340,000 PhilWeb Corporation common shares.
Name of subsidiary and/or affiliate
PhilWeb Casino Corporation
Nature of relationship with Issuer
Subsidiary of PhilWeb Corporation
Details of the Transaction
Date of Transaction
Number of Shares Acquired
Number of Shares Disposed
Price Per Share
Apr 4, 2017
-
340,000
P7.78
Total number of shares held by the subsidiary and/or affiliate after transaction