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)
Dec 1, 2020
2. SEC Identification Number
A1996-10620
3. BIR Tax Identification No.
005-038-162
4. Exact name of issuer as specified in its charter
TKC Metals Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit B1-A/C, 2nd Floor, Building B, Karrivin Plaza, 2316 Chino Roces Avenue, Extension, Makati CityPostal Code1227
8. Issuer's telephone number, including area code
(02) 8864-0734
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
940,000,000
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.
TKC Metals CorporationT
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
Amendment to Articles of Incorporation (AOI) of TKC Metals Corporation
Background/Description of the Disclosure
Amendment to the First and Sixth Articles of the AOI
Date of Approval by Board of Directors
Dec 1, 2020
Date of Approval by Stockholders
TBA
Other Relevant Regulatory Agency, if applicable
-
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
First
"TKC Metals Corporation"
"Textra Corporation"
Sixth
“That the number of directors of the Corporation shall be eleven (11) xxx”
“That the number of directors of the Corporation shall be seven (7) xxx”
Rationale for the amendment(s)
The corporate name is being proposed to reflect the fact the Company’s authorized business purpose is not limited to engagement in the metals and steel industry.
On the other hand, it has also been proposed that the membership of the Company’s Board of Directors be reduced from the present eleven (11) to seven (7) since the Company’s operations are presently not very active.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
Jan 18, 2021
Expected date of SEC approval of the Amended Articles of Incorporation
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The above-mentioned amendments of the Articles of Incorporation are not expected to have significant effects to the business, operations, and capital structure, save for those identified above.
Other Relevant Information
The proposed amendments to the Articles of Incorporation will be presented for approval by the Company’s stockholders during their meeting scheduled on 15 January 2021.