C00078-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 14,724,947,558 | |
Preferred Shares | 13,066,454,759 |
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Subject of the Disclosure |
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Issuance of notice for unconditional mandatory take-over offer to MCT Bhd |
Background/Description of the Disclosure |
Please be informed that Ayala Land, Inc., (ALI) through its wholly-owned subsidiary, Regent Wise Investments Limited (RWIL), issued a notice of an unconditional mandatory take-over offer to the Board of Directors of MCT Bhd (MCT), to acquire all remaining shares of the company that are not already held by RWIL, following the completion of certain conditions to the share purchase agreement. The take-over offer is made in connection to the acquisition of additional shares in MCT, which increased ALI’s shareholding in MCT to 50.19%. |
Other Relevant Information |
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Name | Michael Blase Aquilizan |
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Designation | Associate Manager |