Remarks | C01904-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 73,425,686 |
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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SEC Letter dated 22 March 2018 |
Background/Description of the Disclosure |
The Company received today a letter dated 22 March 2018, from the Markets and Securities Regulation Department (MSRD) of the Securities and Exchange Commission (SEC), imposing a penalty on the Company in the total amount of PhP106,000.00 for the alleged violation of Rules 17.1.1.2 and 17.1.1.1.3(a) of the Implementing Rules and Regulations of the Securities Regulation Code. SEC-MSRD directed the Company to pay the imposed penalty on or before 2 April 2018. The Company will seek reconsideration of said decision. |
Other Relevant Information |
Please see attached. |
Name | Aissa Encarnacion |
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Designation | Corporate Information Officer |