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SBS Philippines CorporationSBS
PSE Disclosure Form 4-33 - Voluntary Trading Halt
Subject of the Disclosure |
Request for Trading Halt |
Background/Description of the Disclosure |
The Company requests for a halt in the trading of its shares in view of the disclosure of material information regarding its acquisition thru its subsidiary, Lence Holdings Corporation ("LHC") of a warehouse faciity complex located in Calamba City, Province of Laguna comprising of land, buildings, improvements and machinery
LHC is a newly incorporated holding company which is 65% owned by the Corporation, 25% by the Corporation’s wholly owned subsidiary, SBS Holdings and Enterprises Corporation and 10% by the Sytengco family. |
Stock Symbol(s) of Affected Securities |
SBS |
Trading Halt Details
Execution Date |
Jan 3, 2018 |
Execution Time |
9 am |
Lifting Date |
Jan 3, 2018 |
Lifting Time |
10 am |
Reason(s) for the request |
The Company requests for a voluntary trading halt in view of material information disclosure regarding a substantial acquisition by the Company's subsidiary, Lence Holdings Corporation. |
Other Relevant Information |
Please refer to the disclosure posted by the Corporation dated December 29, 2017 under PSE Disclosure Form 5-1 for further details regarding the substantial acquisition. |
Filed on behalf by:
Name |
REGINA SIMONA DE GUZMAN |
Designation |
GENERAL COUNSEL & COMPLIANCE OFFICER |