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)
Jan 12, 2022
2. SEC Identification Number
40524
3. BIR Tax Identification No.
004-666-098-000
4. Exact name of issuer as specified in its charter
MACROASIA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
12th Floor, PNB Allied Bank Center, 6754 Ayala Avenue, Makati CityPostal Code1226
8. Issuer's telephone number, including area code
(632) 8840-2001
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
1,890,958,323
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.
MacroAsia CorporationMAC
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
We refer to the letter of the PSE, asking us to clarify or confirm today the quoted statements below in relation to the following news article entitled “Cavite accepts consortium’s $10.9-b int’l airport proposal” posted in manilastandard.net on January 11, 2022, it was reported in part that:
“SPIA Development Consortium, which consists of major local and foreign conglomerates, secured an original proponent status from the provincial government of Cavite to develop a $10.9-billion international airport in Sangley Point.
The grant of the OPS gives the consortium, which is composed of Cavitex Holdings Inc., Yuchengco Group, MacroAsia Corp. and their foreign partners, the right to directly negotiate the final terms and conditions of the joint venture with the province and the right to match the best counter proposal that may be received during the 60-day mandatory competitive or Swiss Challenge process.
Cavite Governor Juanito Victor Remulla issued the certificate of acceptance to the consortium on Jan. 7.
. . . .“
We confirm the report stated above. As previously disclosed, MAC has been invited to be a non-equity partner in a consortium to develop the Sangley Airport Project. The proposed role of MacroAsia as a supporting non-equity member of the consortium is to provide management and technical services for the aviation support and logistics components of the project. As of now, we have no additional information other than those reported in the news articles.