C00070-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON | 191,868,805,358 |
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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Resolution of the complaints for False Testimony in Other Cases and Perjury in Solemn Affirmation filed by Francisco A. Navarro against Reynaldo E. Nazarea (Nazarea) and Isabelita L. Matela (Matela). |
Background/Description of the Disclosure |
Mr. Reynaldo E. Nazarea, Director, Treasurer and VP for Administration together with Ms. Isabelita L. Matela, VP for Finance are being summoned to appear before the Office of the City Prosecutor of Mandaluyong City on September 21, 2017 to testify under oath and answer clarificatory question in the Preliminary Investigation to be conducted relative to the case filed by Mr. Francisco Navarro for False Testimony in Other Cases and Perjury in Solemn Affirmation. |
Name of the court or agency in which the proceedings are pending | Office of the City Prosecutor, Mandaluyong City |
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Date Instituted | Sep 6, 2017 |
Docket Number | XV-06-INV-17H-05696 |
Principal Parties |
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Francisco A. Navarro – Complainant |
Nature and description of the legal proceedings |
Mr. Navarro filed the case False Testimony in Other Cases and Perjury in Solemn Affirmation in connection with the Counter-Affidavits filed by the respondents herein, in an earlier case for Falsification of Documents filed by Mr. Navarro before the City Prosecutor of Mandaluyong City. |
The effect(s) on the Issuer's business or operations, if any |
The Company believes his claim is without basis, as the original complaint for Falsification of Documents from where this second complaint emanates, has been dismissed for lack of probable cause. |
Other Relevant Information |
Earlier disclosure is amended to update the status of the case. |
Name | Josephine Ilas |
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Designation | Assistant Corporate Secretary |