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)
Jan 29, 2019
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F CAMBRIDGE CENTRE BUILDING, 108 TORDESILLAS ST., SALCEDO VILLAGE, MAKATI CITYPostal Code1227
8. Issuer's telephone number, including area code
(632) 889-6467
9. Former name or former address, if changed since last report
NOT APPLICABLE
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
1,870,940,210
11. Indicate the item numbers reported herein
ITEM 4
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.
Xurpas Inc.X
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
Change in Directors and Officers
Background/Description of the Disclosure
On January 29, 2019, Mr. Raymond Gerard S. Racaza resigned as Director, President and Chief Executive Officer. His resignation shall be effective on January 30, 2019.
On the same day, the board of directors of Xurpas Inc. approved the appointment of the following: 1. Mr. Alexander D. Corpuz was appointed as Director and Interim President. He will also continue to act as Chief Finance Officer and Chief Information Officer; and 2. Mr. Fernando Jude F. Garcia was appointed as Treasurer. He will also continue to act as Director and Chief Technology Officer.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Raymond Gerard S. Racaza
Director, President and Chief Executive Officer
01/30/2019
Personal Reasons
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
N/A
N/A
N/A
N/A
0
0
0
Promotion or Change in Designation
Name of Person
Position/Designation
Date of Approval (mmm/dd/yyyy)
Effective Date of Change (mmm/dd/yyyy)
Shareholdings in the Listed Company
Nature of Indirect Ownership
From
To
Direct
Indirect
Alexander D. Corpuz
Chief Finance Officer and Chief Information Officer
Director, President, Chief Finance Officer and Chief Information Officer
01/29/2019
02/01/2019
1,000
0
Not Applicable
Fernando Jude F. Garcia
Director and Chief Technology Officer
Director, Chief Technology Officer and Treasurer
01/29/2019
02/01/2019
415,765,960
0
Not Applicable
Other Relevant Information
Mr. Raymond Gerard S. Racaza will remain as Principal Stockholder with 20.08% shareholdings in Xurpas Inc.