9. Former name or former address, if changed since last report
n/a
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
2,123,605,600
11. Indicate the item numbers reported herein
Item 9 - Other Events
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.
National Reinsurance Corporation of the PhilippinesNRCP
PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendment of Article II of the Articles of Incorporation of the Company - Additional Secondary Purpose Clause
Background/Description of the Disclosure
At the Annual Stockholders' Meeting held on June 28, 2017, the stockholders approved the amendment of Article II of the Articles of Incorporation and authority for the Corporation to undertake the additional secondary purpose.
Date of Approval by Board of Directors
Apr 20, 2017
Date of Approval by Stockholders
Jun 28, 2017
Other Relevant Regulatory Agency, if applicable
Insurance Commission
Date of Approval by Relevant Regulatory Agency, if applicable
TBA
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
Article II
-
To provide consulting, technical, advisory, and other related services to persons, associations, corporations, and other entities in furtherance of the business of insurance and reinsurance.
Rationale for the amendment(s)
This will allow the Company to render consulting and other related services as part of its value-adding services to its insurance clients and provide expert advise in areas relating to disaster or catastrophe insurance.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
TBA
Expected date of SEC approval of the Amended Articles of Incorporation
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
None
Other Relevant Information
The amendment made to this report is the approval of the stockholders, during its Annual Stockholders Meeting on June 28, 2017, to amend Article II of the Articles of Incorporation and authority for the Corporation to undertake the additional secondary purpose.