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 2, 2020
2. SEC Identification Number
A200101631
3. BIR Tax Identification No.
210-407-466-000
4. Exact name of issuer as specified in its charter
I-REMIT INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
26/F, Discovery Centre, 25 ADB Avenue, Ortigas Center, Pasig CityPostal Code1605
8. Issuer's telephone number, including area code
(02) 8706-9999 local 100 / 105 / 109
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 Stock
611,639,122
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.
I-Remit, Inc.I
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 of Articles of Incorporation
Background/Description of the Disclosure
Please be advised that during the meeting of the Board of Directors of I-Remit Inc. held on 23 October 2020 (Friday), the Board approved the amendment of its Articles of Incorporation to align the primary purpose with the Corporation's Bangko Sentral ng Pilipinas (BSP) Certificate of Registration as a Remittance and Transfer Company with a Type "C" electronic money issuer, virtual currency exchange services, and money-changing/foreign exchange dealing registration in the Philippines.
Said amendment to the Articles of Incorporation was approved by the stockholders in a Special Stockholders' Meeting held on 02 December 2020 (Wednesday).
Date of Approval by Board of Directors
Oct 23, 2020
Date of Approval by Stockholders
Dec 2, 2020
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
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
II
Please see attached.
Please see attached.
Rationale for the amendment(s)
The Articles of Incorporation shall be amended to align the primary purpose with the Corporation's BSP Certificate of Registration as a Remittance and Transfer Company with a Type "C" electronic money issuer, virtual currency exchange services, and money-changing/foreign exchange dealing registration in the Philippines.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
Dec 4, 2020
Expected date of SEC approval of the Amended Articles of Incorporation
Jan 11, 2021
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
None.
Other Relevant Information
This disclosure was amended to reflect the approval of the stockholders on the amendment to the Articles of Incorporation during the Special Stockholders' Meeting on 02 December 2020, Wednesday.