C05434-2018

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
Aug 9, 2018
2. SEC Identification Number
40524
3. BIR Tax Identification No.
004-666-098
4. Exact name of issuer as specified in its charter
MACROASIA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
12th Floor, PNB Allied Bank Center, 6754 Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 840-2001
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 1,227,154,400
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.

MacroAsia CorporationMAC

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

Extension of Corporate Life of the Corporation

Background/Description of the Disclosure

The Securities and Exchange Commission (SEC) approved on 7 August 2018 the Amendment of the Fourth Article of Incorporation of the MacroAsia Corporation ("the Corporation") to extend the life of the Corporation for another 50 years.

That the term of for which the Corporation is to exist is fifty (50) years from and after the date of incorporation and, is extended for another fifty (50) years from and after its expiry date on 15 February 2020.

Date of Approval by
Board of Directors
Mar 22, 2018
Date of Approval by Stockholders Jul 20, 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 Aug 7, 2018
Date of Receipt of SEC approval Aug 7, 2018
Amendment(s)
Article No. From To
Fourth Article That the term of for which the Corporation is to exist is Fifty (50) years from and after the date of incorporation. That the term of for which the Corporation is to exist is fifty (50) years from and after the date of incorporation and, is extended for another fifty (50) years from and after its expiry date on 15 February 2020.
Rationale for the amendment(s)

To ensure the continued legal existence of the Company.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC Jul 31, 2018
Expected date of SEC approval of the Amended Articles of Incorporation Aug 7, 2018
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

None.

Other Relevant Information

The following are updated in this report:

1. Background/Description of the Disclosure
2. Date of Approval by Securities and Exchange Commission
3. Date of Receipt of SEC approval
4. Change of date under the To column in the items updated/amended, from February 16, 2020 to February 15, 2020
5. Timetable for the effectivity of the amendment

Filed on behalf by:
Name Amador Sendin
Designation CFO, VP Administration & Business Development