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
60566
3. BIR Tax Identification No.
004-504-281-000
4. Exact name of issuer as specified in its charter
CENTURY PROPERTIES GROUP INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
21st Floor, Pacific Star Building, Sen. Gil Puyat Avenue corner Makati Avenue, Makati CityPostal Code1200
8. Issuer's telephone number, including area code
(632) 793-8905
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
11,599,600,690
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.
Century Properties Group, Inc.CPG
PSE Disclosure Form 4-8 - Change in Directors and/or Officers (Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Appointment of MR. TIMOTHY HALLETT and acceptance of resignation of Mr. Patrick Carague
Background/Description of the Disclosure
In compliance with the rules and regulations for publicly listed corporations, Century Properties Group Inc. (CPGI or the "Company") would like to inform the Honorable Philippine Stock Exchange and the Securities and Exchange Commission that on 11 June 2018, the Company held its Special Board of Directors Meeting at which the following resolutions were adopted:
I. Appointment of Mr. Timothy Hallett as the President for the Tourism and Leisure Business Segments of the Company. Mr. Hallett was the former Chief Operating Officer of Century Properties Hospitality and former Chairman of Century Acqua Lifestyle Corporation, has more than 30 years hospitality business experience in UK and Asia and has developed, pre-opened and operated multiple international hotels and golf resorts worldwide. He started his career with Europe’s leading golf & leisure operator, the Marriott Country Club Hotels and then was part of PGA Golf Management in UK and Asia. His career continued with CCA International in Hong Kong where he oversaw the development of their Asian golf business and managed their 5-Star Club in Guangzhou, China. Prior to joining Alila Hotels & Resorts, he was Managing Director of Palm Resort Bhd the Hotel & Leisure business of AFP Land a division of Indonesia Sin Mas Group.Post this, Tim has create a number a key businesses and brands in the hotel and hospitality real estate private equity space including Zinc Hospitality, Cosi Hotels and Silverneedle Hospitality before joining Century Properties Group to create and roll out multiple Hotel and Hospitality Real Estate projects in the Philippines.
II. Acceptance of the resignation of Mr. Patrick Carague, Senior Vice President for Decision Support Services and IT
The Company fully undertakes that it shall furnish the Honorable Exchange all material documentation and filings for the aforementioned resolutions.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Patrick Carague
SVP - Decision Support Services and IT
05/30/2018
Personal
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Timothy Hallett
President for Tourism and Leisure Business Segments