C00515-2019 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 11,610,978,242 |
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Subject of the Disclosure |
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Press Release |
Background/Description of the Disclosure |
We just received advise that ANA Holdings, Inc. ("ANA HD"), parent company of All Nippon Airways ("ANA") has entered into an Agreement with Trustmark Holdings Corporation, the majority shareholder of PAL Holdings, Inc. ("PAL Holdings"), pursuant to which ANA HD will acquire 9.5% of the outstanding shares of PAL Holdings for US$ 95 Millon. PAL Holdings is the parent company of Philippine Airlines, Inc. ("PAL") and Air Philippines Corporation ("PAL Express"). |
Other Relevant Information |
Please see attached Press Release. |
Name | Ma. Cecilia Pesayco |
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Designation | Corporate Secretary |