9. Former name or former address, if changed since last report
-
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
3,014,820,305
11. Indicate the item numbers reported herein
Item 9 Other Events
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.
Marcventures Holdings, Inc.MARC
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
Results of the Board Meeting held on April 7, 2022
Background/Description of the Disclosure
We advise that at the regular meeting of the Board of Directors of MARCVENTURES HOLDINGS, INC. (the “Corporation”) held today, April 7, 2022 at 2:00 p.m., the Board of Directors of the Corporation approved the following:
1. Audited Financial Statements for the year ended December 31, 2021; 2. Acquisition of a pre-owned aircraft with installed equipment and other accessories at a purchase price of US $ 5,500,00 or Php 286,000,000 exclusive of VAT (based on an assumed conversion rate of US $ 1 = Php 52.00). The aircraft will be used for MMDC’s operations; 3. Postponement of the 2022 Annual Stockholders’ Meeting (ASM), which under the By-Laws, is scheduled on the last Friday of May; and delegation of authority to the Executive Committee to determine the new meeting date and record date, and whether to conduct the ASM virtually.
Other Relevant Information
NONE.
Filed on behalf by:
Name
Maila Lourdes De Castro
Designation
Co-Assistant Corporate Secretary/Co-Compliance Officer/Corporate Information Officer/Data Privacy Officer/Vice-President and Head of Legal