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
60566
3. BIR Tax Identification No.
004-504-281-000
4. Exact name of issuer as specified in its charter
CENTURY PROPERTIES GROUP INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
21st Floor, Pacific Star Building, Sen. Gil Puyat Avenue corner Makati Avenue, Makati CityPostal Code1200
8. Issuer's telephone number, including area code
(632) 7-793-8905
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
11,599,600,690
Preferred
30,000,000
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.
Century Properties Group, Inc.CPG
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 Article 5 of the Company's Articles of Incorporation to increase the number of the Board of Directors from Eleven (11) to Twelve (12).
Background/Description of the Disclosure
The SEC approved on November 22, 2021 the Company's Amended Articles of Incorporation specifically the amendment of the FIFTH Article to wit:
FIFTH: That the number of the directors of said corporation shall be twelve (12) (As amended by the Board of Directors on May 8, 2019 and approval by the Majority Stockholders of CPGI on June 28, 2019 and further amended by the Board of Directors on June 8, 2021, subject to the approval of the Majority Stockholders of CPGI on July 26, 2021)
Date of Approval by Board of Directors
Jun 8, 2021
Date of Approval by Stockholders
Jul 26, 2021
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
Nov 22, 2021
Date of Receipt of SEC approval
Nov 23, 2021
Amendment(s)
Article No.
From
To
Article 5
FIFTH: That the number of the directors of said corporation shall be eleven (11) (As amended by the Board of Directors on May 19, 2015 and approval by the Majority Stockholders of CPGI on June 22, 2015 and 5 further amended by the Board of Directors on May 8, 2019, subject to the approval of the Majority Stockholders of CPGI on June 28, 2019)
FIFTH: That the number of the directors of said corporation shall be twelve (12) (As amended by the Board of Directors on May 8, 2019 and approval by the Majority Stockholders of CPGI on June 28, 2019 and further amended by the Board of Directors on June 8, 2021, subject to the approval of the Majority Stockholders of CPGI on July 26, 2021)
Rationale for the amendment(s)
The Amendment of Fifth Article of the Articles of Incorporation is pursuant to the Company’s objective to continuously uphold diversity in the Board and fully comply with the Corporate Governance best practices.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
Jul 26, 2021
Expected date of SEC approval of the Amended Articles of Incorporation
Nov 22, 2021
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
None
Other Relevant Information
The report is amended to reflect the approval of the SEC. Please see attached SEC-approved amended articles of incorporation
Filed on behalf by:
Name
Isabelita Sales
Designation
Head of Legal Services and Corporate Affairs, Chief Information and Chief Compliance Officer