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)
Jun 23, 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 1
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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
AUB’s Clarification of News Report Entitled "AUB to expand consumer banking with more branches nationwide”
Source
Business Mirror
Subject of News Report
AUB to expand consumer banking with more branches nationwide
Date of Publication
Jun 22, 2017
Clarification of News Report
We write with respect to your request for clarification of the news article entitled “AUB to expand consumer banking with more branches nationwide”, posted in Business Mirror (Internet Edition) on June 22, 2017. The article reported in part that:
“Asia United Bank (AUB) plans to expand consumer banking with additional branches and mobile services to ride on the country’s projected three-year economic growth.
AUB plans to set up 30 branches a year to offer more consumer products, including real estate, salary, auto and pension loans to individual clients. At present, it has 239 branches, 112 of which are in Metro Manila, and 127 in the provinces.
. . . .”
We wish to inform you that what the President provided was an estimated figure of 30 additional consolidated branches.
Thank you very much
Other Relevant Information
Please see attached letter to Ms. Janet Encarnacion, Head - Disclosure Department.