C05293-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 62,276,060 |
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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Deferment of the listing application filed by Philab Holdings Corp. (formerly Alterra Capital Partners, Inc.) (the “Company”) with the Philippine Stock Exchange (“PSE”) for the sale and offer of up to 500,000,000 primary common shares in a follow-on offering (the “Follow-on Offering”) which application was filed with the PSE on 18 January 2017 (“Listing Application”). |
Background/Description of the Disclosure |
The Company has recently mandated China Bank Capital Corporation (“China Bank Capital”) to replace Philippine Commercial Capital, Inc. (“PCCI”) as the underwriter of the Company. As underwriter, China Bank Capital has requested for sufficient time to conduct their due diligence on the Company. Further, after conferring with its advisors, the Company has determined that the launching of such a Follow-on Offering at this time may not be the best course of action for the Company. Instead, the Company will benefit from this period by consolidating its business lines and prospects. |
Other Relevant Information |
None. |
Name | Leopoldo III Aquino |
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Designation | Corporate Information Officer |