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 with Liquefied Natural Gas (LNG) Projects.
Background/Description of the Disclosure
We would like to inform the Exchange that this afternoon, the Company executed a Memorandum of Understanding with China Energy Engineering Group Guangdong Power Engineering Co., LTD. (GPEC). The purpose of the MOU is to confirm that both parties have an interest in exploring the possibility of investing, constructing, developing and operating liquefied natural gas (LNG) projects in the Philippines.
GPEC is a foreign company based in Guangzhou, Guangdong, P.R., China which is engaged in the business of exploration, development and construction of energy projects. The MOU has the following features:
1. GPEC will conduct due diligence for the period of one year from MOU signing. 2. The purpose of the due diligence is to allow GPEC to make a decision to pursue LNG projects with MRC. 3. The parties are bound by the terms and confidentiality while the MOU is in force and within one year thereafter.