C02525-2021 |
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.
Subject of the Disclosure |
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2021 First Quarter Progress Report on the Disbursement of Proceeds from the Initial Public Offering (“IPO”) of DDMP REIT, Inc. (“DDMPR”) pursuant to the Reinvestment Plan of Benedicto Yujuico and Teresita Yujuico, as Sponsors of DDMPR. |
Background/Description of the Disclosure |
Progress Report on the Application of Proceeds for the First Quarter of 2021, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the IPO of DDMPR |
Update or Status of the Reinvestment Plan |
As of March 31, 2021, the remaining balance of proceeds from DDMPR IPO amounts of Benedicto Yujuico and Teresita Yujuico is P1,960,482,731.40 and P1,898,651,247.31, respectively. |
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
N/A |
Description of Real Estate Assets and/or Infrastructure Projects for the Period |
N/A |
Other Relevant Information |
see attached summary of the application of proceeds |
Name | Joselito Jr. Barrera |
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Designation | Department Head |