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)
Nov 23, 2021
2. SEC Identification Number
A1996-10620
3. BIR Tax Identification No.
005-038-162-000
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
(632) 8864-0734 / 8840-4335
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 Shares
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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Sale of Substantially All of the Assets of the Corporation
Background/Description of the Disclosure
Please be advised that at a meeting held by the Board of Directors of the Corporation, the Board approved the sale of substantially all of the assets of the Corporation to dispose of the Corporation’s non-performing assets, at such terms and conditions to be negotiated and finalized. The proposed sale will include the Corporation’s investments/shares in Billions Steel International Limited (and its subsidiary, Zhangzhou Stronghold Steel Works Company Limited), Treasure Steelworks Corporation and Campanilla Mineral Resources Corporation.
The Corporation will likewise hold a special stockholders’ meeting on 30 December 2021 for the purpose of submitting the abovementioned transaction for approval of the stockholders, as required by Section 39 of the Revised Corporation Code and SEC Memorandum Circular No. 12, series of 2020.
Other Relevant Information
The information contained in this disclosure are the same as disclosed under Company Announcement No. C07920-2021 dated November 23, 2021. This submission is done to file the disclosure under the correct disclosure template.