CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jan 4, 2018
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cambridge Centre Building, 108 Tordesillas St., Salcedo Village, Makati CityPostal Code1227
8. Issuer's telephone number, including area code
(632) 889-6467
9. Former name or former address, if changed since last report
N/A
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 Shares
1,803,654,504
11. Indicate the item numbers reported herein
Item 9
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.
Xurpas Inc.X
PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendment of the By-Laws
Background/Description of the Disclosure
In a special meeting held on January 4, 2018, the Board of Directors (the "Board") of Xurpas Inc. (the "Company") approved the amendment of Article II Section 1 of the By-laws of the Company pursuant to the authority granted by the stockholders during the meeting held on May 10, 2017 delegating to the Board the power to amend/repeal the same.
Date of Approval by Board of Directors
Jan 4, 2018
Date of Approval by Stockholders
May 10, 2017
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
TBA
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article and Section Nos.
From
To
Article II, Section 1
Section 1. Annual/Regular Meetings - The annual/regular meetings of stockholders shall be held at the principal site on the 2nd week of May of each year, if a legal holiday, then on the day following.
Section 1. Annual/Regular Meetings - The annual/regular meetings of stockholders shall be held every 2nd Monday of May, if a legal holiday, then on the day following.
Rationale for the amendment(s)
The amendment specifies that the annual/regular meeting of stockholders shall be held every second Monday of May, if a legal holiday, on the day following.
The Board also removed the place where the meeting shall be held to be consistent with Article II, Section 3 of the By-Laws.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the By-Laws with the SEC
TBA
Expected date of SEC approval of the Amended By-Laws
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any