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)
Apr 13, 2018
2. SEC Identification Number
94419
3. BIR Tax Identification No.
000-409-747-000
4. Exact name of issuer as specified in its charter
INTEGRATED MICRO-ELECTRONICS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
NORTH SCIENCE AVENUE, LAGUNA TECHNOPARK-SPECIAL ECONOMIC ZONE (LT-SEZ), BO. BIÑAN, BIÑAN, LAGUNAPostal Code4024
8. Issuer's telephone number, including area code
(632) 756-6840
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
2,217,293,215
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.
Integrated Micro-Electronics, Inc.IMI
PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendment to the Seventh Article of the Articles of Incorporation
Background/Description of the Disclosure
Please be informed that our stockholders, at its annual meeting held today, approved the increase of our authorized capital stock from Php2.45Bn to Php3.0Bn, and the corresponding amendment of the Seventh Article of the Articles of Incorporation.
Date of Approval by Board of Directors
Feb 20, 2018
Date of Approval by Stockholders
Apr 13, 2018
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
SEVENTH
That the capital stock of the Corporation is Two Billion Four Hundred Fifty Million Pesos (Php2,450,000,000.00), Philippne Currency, consisting of Two BIllion Two Hundred Fifty Million (2,250,000,000) common shares and Two Hundred Million (200,000,000) preferred shares, both with par value of one peso (Php1.00) each.
That the capital stock of the Corporation is Three Billion Pesos (Php3,000,000,000.00), Philippine Currency, consisting of Two BIllion Eight Hundred Million (2,800,000,000) common shares and Two Hundred Million (200,000,000) preferred shares, both with par value of one peso (Php1.00) each.
Rationale for the amendment(s)
To provide the Company additional capital for its business development initiatives and operational expenses.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
TBA
Expected date of SEC approval of the Amended Articles of Incorporation
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
To provide the Company additional capital for its business development initiatives and operational expenses.
Other Relevant Information
The disclosure is amended to report the approval of the stockholders during its annual meeting held today, April 13, 2018.