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)
Jun 11, 2018
2. SEC Identification Number
24986
3. BIR Tax Identification No.
000-275-073
4. Exact name of issuer as specified in its charter
Jackstones, Inc. (Formerly: NextStage, Inc.)
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
593 Antonio Drive, Bagumbayan, Taguig CityPostal Code1630
8. Issuer's telephone number, including area code
+63 2 6336113
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 Stock, @P1.00 par value
188,184,097
11. Indicate the item numbers reported herein
Items 4 and 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.
Jackstones, Inc.JAS
PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Annual Stockholders' Meeting held on 11 June 2018.
Background/Description of the Disclosure
The Annual Stockholders' Meeting of Jackstones, Inc. was held on 11 June 2018, whereby 137,918,368 shares out of the 188,184,097 outstanding shares were present in person or by proxy.
List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Mariano Chua Tanenglian
0
10,053,540
with PCD/Broker
Aleta So Tanenglian
0
8,377,950
with PCD/Broker
Maximilian So Tanenglian
0
1,657,589
with PCD/Broker
Vandermir Carnegie Tan Say
0
1,675,590
with PCD/Broker
Jonathan A. Ong Carranceja
0
1,675,590
with PCD/Broker
Beryl Fayette Tanenglian Say
0
1,675,590
with PCD/Broker
Stilwell Tan Sy
1,000
0
-
Amando Musni Velasco
1,000
0
-
William Chong Lee
0
1
with PCD/Broker
External auditor
Isla Lipana & Co. (member firm of PricewaterhouseCoopers)
List of other material resolutions, transactions and corporate actions approved by the stockholders
1. Approval of the Minutes of the Annual Stockholders' Meeting held on 13 June 2017; 2. Approval of the President's Report and the Audited Financial Statements for Fiscal Year ended 31 December 2017; 3. Ratification of all acts of the Board of Directors, Officers and the Management of the Corporation during the preceding year; 4. Election of Directors; 5. Appointment of external auditor for the ensuing year; 6. Approval of the application for listing of the whole unissued portion of the authorized capital stock, or 330,000,000 shares.
Other Relevant Information
The President discussed in his report that the Corporation has begun transforming itself into a holding company for various projects, primarily into property ventures and other such related business. Furthermore, with the approval by the Securities and Exchange Commission (SEC) of the Corporation's increase in authorized capital stock, the Corporation's capital base has improved for its plans to invest in new business ventures.
The President also discussed that the Corporation has established a wholly owned property development company, Jackstones Properties, Inc. (JPI), whose main functions are to look for and acquire properties with strong strategic potential and develop the same to generate the best returns not only for its shareholders, but also for the communities that surround it.
The President emphasized that while implementing the Corporation's business plan, the Corporation shall continuously review projects, ventures, and businesses as well as other assets that can be included in the holdings of the Corporation, with the underlying vision of providing the highest returns and value to our shareholders and standard of service to our stakeholders.