C01973-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 4,885,897,908 |
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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SEC approval of the Amendments to the Articles of Incorporation of Trans-Asia Renewable Energy Corporation (TAREC), a wholly-owned subsidiary of PHINMA Energy Corporation, to increase its capital stock. |
Background/Description of the Disclosure |
On March 31, 2017, the SEC approved the increase of the capital stock of Trans-Asia Renewable Energy Corporation (TAREC) from P 2,000,000,000.00 divided into 2,000,000,000 shares of the par value of P 1.00 each to P 5,000,000,000.00 divided into 5,000,000,000 shares of the par value of P 1.00 each, as approved by the Board of Directors on December 8, 2015. |
Other Relevant Information |
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Name | Cecille Arenillo |
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Designation | Compliance Officer |