9. Former name or former address, if changed since last report
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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
8,512,658,975
11. Indicate the item numbers reported herein
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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.
MRC Allied, Inc.MRC
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Memorandum of Understanding on Solar Energy Projects.
Background/Description of the Disclosure
The Company executed a Memorandum of Understanding with Uni Solar Inc. (Uni Solar). The purpose of the MOU is to confirm that both parties have an interest in developing Solar Photo Voltaic Rooftop projects in the Philippines as identified by Uni Solar.
Uni Solar is a company based in the Philippines which is engaged in the business of design, global sourcing, local distribution, manufacturing, and sales of quality and environment-friendly solar power products especially in solar photo voltaic (pv) for rooftops.
The MOU has the following features:
1. MRC Allied, Inc. will conduct a due diligence for a period of one year from MOU signing. 2. The purpose of the due diligence is to allow MRC to make a decision to pursue solar photo voltaic (pv) rooftop projects with Uni Solar. 3. The parties are bound by the terms and confidentiality while the MOU is in force and within one year thereafter.