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)
Jul 13, 2017
2. SEC Identification Number
44852
3. BIR Tax Identification No.
000-421-957-000
4. Exact name of issuer as specified in its charter
D&L Industries, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
65 Industria St., Bagumbayan, Quezon CityPostal Code1110
8. Issuer's telephone number, including area code
(02) 635-0680
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
7,142,857,990
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.
D&L Industries, Inc.DNL
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the organizational meeting of the board of directors of D&L Industries, Inc. held at Wack Wack Golf & Country Club, Mandaluyong City, Metro Manila on July 13, 2017.
Background/Description of the Disclosure
Results of the organizational meeting of the board of directors of D&L Industries, Inc. held at Wack Wack Golf & Country Club, Mandaluyong City, Metro Manila on July 13, 2017.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Yin Yong L. Lao
Chairman
65,987,202
73,044,729
Indirect thru: Jadel Holdings Co., Inc. and CEE Industries, Inc.
Dean L. Lao
Chairman Emeritus
54,610,096
403,773
Indirect thru: Jadel Holdings Co., Inc. and SmartWorks Trading Co., Inc.
John L. Lao
Vice-Chairman
68,837,202
49,453,168
Indirect thru: Jadel Holdings Co., Inc., CEE Industries, Inc., Jadana, Inc. and Prime Spin, Inc.
Alvin D. Lao
President and CEO
7,753,000
19,673,498
Indirect thru: Allvee United, Inc., Hansevian, Inc., Jadana, Inc., Prime Spin, Inc. and SmartWorks Trading Co., Inc.
Amorsolo M. Rosario
Treasurer, CFO, Compliance Officer
0
0
N/A
Kristine Ann C. Catindig
Corporate Secretary, Corporate Information Officer, Corporate Legal Counsel
126,000
0
N/A
Ainslee Anne T. Lao
Assistant Corporate Secretary
546,000
0
N/A
Dean A. Lao Jr.
Managing Director of Chemrez Technologies, Inc.
430,000
2,503,769
Indirect thru: SmartWorks Trading Co., Inc. and Hansevian, Inc.
Lester A. Lao
Managing Director of First in Colours, Incorporated and D&L Polymer and Colours, Inc.
200,000
100,034,428
Indirect thru: SmartWorks Trading Co., Inc., Prime Spin, Inc. and Hansevian, Inc.
Vincent D. Lao
Managing Director of Oleo-Fats, Incorporated
1,760,000
14,530,569
Indirect thru: Allvee United, Inc. and SmartWorks Trading Co., Inc.
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Executive Committee
Dean L. Lao
Chairman
Executive Committee
Leon L. Lao
Memeber
Executive Committee
Yin Yong L. Lao
Member
Executive Committee
John L. Lao
Member
Executive Committee
Alvin D. Lao
Member
Audit Committee
Corazon S. Dela Paz-Bernardo
Chairman
Audit Committee
Filemon T. Berba Jr.
Member
Audit Committee
Mercedita S. Nolledo
Member
Nomination Committee
John L. Lao
Chairman
Nomination Committee
Filemon T. Berba Jr.
Member
Nomination Committee
Alvin D. Lao
Member
Remuneration Committee
Yin Yong L. Lao
Chairman
Remuneration Committee
John L. Lao
Member
Remuneration Committee
Mercedita S. Nolledo
Member
Corporate Governance Committee
Mercedita S. Nolledo
Chairman
Corporate Governance Committee
Lydia R. Balatbat-Echauz
Member
Corporate Governance Committee
Corazon S. Dela Paz-Bernardo
Member
Corporate Governance Committee
Yin Yong L. Lao
Member
Risk Oversight Committee
Filemon T. Berba Jr.
Chairman
Risk Oversight Committee
Lydia R. Balatbat-Echauz
Member
Risk Oversight Committee
Alvin D. Lao
Member
Risk Oversight Committee
John L. Lao
Member
Related Party Transaction Committee
Lydia R. Balatbat-Echauz
Chairman
Related Party Transaction Committee
Filemon T. Berba Jr.
Member
Related Party Transaction Committee
Mercedita S. Nolledo
Member
Advisory Board
Dean L. Lao
Member
Advisory Board
Leon L. Lao
Member
Advisory Board
Alex L. Lao
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Appointment of Lead Independent Director - Atty. Mercedita S. Nolledo.