Remarks | C05628-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 73,420,034 |
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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Obtainment of a loan |
Background/Description of the Disclosure |
The Board of Directors of the Company, in its meeting held today, authorized the obtainment of a loan in the amount of Php 1.15 Billion for the purchase of additional shares in PDS Holdings Corp. and Php 400 Million to fund the fit-out and capital requirements of the Company for the term of one (1) year from any of the three (3) banks, namely: Banco de Oro, Metrobank and Bank of Commerce, under such terms and conditions as the President and CEO of the Company may deem favorable to the Company. |
Other Relevant Information |
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Name | Aissa Encarnacion |
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Designation | Corporate Information Officer |