Please be advised that the change in corporate name of AC Energy Corporation to ACEN CORPORATION ("ACEN") will be reflected on the PSE systems effective on Friday, July 29, 2022.
SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
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)
Jul 22, 2022
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
ACEN CORPORATION
5. Province, country or other jurisdiction of incorporation
9. Former name or former address, if changed since last report
AC Energy Corporation
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
39,644,772,107
11. Indicate the item numbers reported herein
N/A
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.
AC Energy CorporationACEN
PSE Disclosure Form 4-7 - Change in Corporate Name and/or Stock Symbol References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Change in the corporate name of the Company
Background/Description of the Disclosure
Please be informed that the Securities and Exchange Commission approved on 20 July 2022 the amendment of the Company's Articles of Incorporation, which includes, among others, the change in the corporate name of the Company from "AC Energy Corporation" to "ACEN CORPORATION".
The change in the corporate name was approved by the Company's Board of Directors at its regular meeting held on 11 November 2021, as endorsed by our Corporate Governance and Nomination Committee.
The change in the corporate name was presented for stockholders’ approval at the 15 December 2021 special stockholders meeting. Stockholders representing at least 2/3 of the outstanding capital stock of the Company voted to approve the change in the corporate name.
The Company's Amended Articles of Incorporation is effective 20 July 2022.
Date of Approval by Board of Directors
Nov 11, 2021
Date of Approval by Stockholders
Dec 15, 2021
Date of Approval by Securities and Exchange Commission
Jul 20, 2022
Previous Corporate Name
AC Energy Corporation
Previous Stock Symbol
ACEN
New Corporate Name
ACEN CORPORATION
New Stock Symbol
ACEN
Procedure(s) for updating stock certificates
Details of Stock Transfer Agent
Name
BPI Stock Transfer Office
Address
3/F BPI Buendia Center, 372 Senator Gil Puyat Avenue, Makati City 1209
Contact Person
Christine Gaile P. Malonzo, Sandra M. Pongol
Inclusive dates when the old stock certificates can be replaced
Start Date
N/A
End Date
N/A
Documentary requirements
Individual Shareholders
a. Submit the following documents to the Company’s stock transfer agent:
(i) Letter of Request to change old stock certificate(s) addressed to:
BPI Stock Transfer Office Address: 3/F BPI Buendia Center, 372 Senator Gil Puyat Avenue, Makati City 1209 Tel. Nos.: (632) 8580-4695
(ii) PHEN or ACEPH stock certificates for replacement; and
(iii) Original and photocopies of two (2) valid identification cards bearing the stockholder’s photograph and specimen signature; at least one should be a government-issued ID.
b. The new stock certificate(s) may be released to the stockholder or to a duly authorized representative. In addition to the documents listed under item (a) above, the representative should submit the following:
(i) Letter of Authorization; and
(ii) Original and photocopies of two (2) valid identification cards bearing the representative’s photograph and specimen signature; at least one should be a government-issued ID.
Corporate Shareholders
Submit the following documents to the Company’s stock transfer agent:
a. Letter of Request to change old stock certificate(s);
b. PHEN or ACEPH stock certificates for replacement;
c. Original copy of a duly notarized Secretary’s Certificate naming the corporate stockholder’s authorized representative/s and bearing such representative(s)’s specimen signature/s;
d. Original and photocopies of two (2) valid identification cards bearing the representative’s photograph and specimen signature; at least one should be a government-issued ID; and
e. Photocopies of the corporate stockholder’s Articles of Incorporation, By-Laws, latest General Information Sheet duly received by the SEC.
Date of availability of new stock certificates
TBA
Procedures in case of lost stock certificates
a. The registered owner of certificates of stock in the Company or his legal representative shall file an affidavit in triplicate with the Company describing the:
(i) Circumstances as to how, when and where said certificates were lost, stolen or destroyed;
(ii) Number of shares represented by each certificate; and
(iii) Serial numbers of the certificates.
He or she shall also submit such other information and evidence as he may deem necessary.
b. After verifying the affidavit and other information and evidence with the books of the Corporation, and making such other inquiries it deems proper or necessary, the Company shall publish a notice, in a newspaper of general circulation in the Philippines published in the place where the Company has its principal office, once a week for three (3) consecutive weeks at the expense of the registered owner of the certificates of stock which have been lost, stolen or destroyed. The notice shall state the name of the Company, the name of the registered owner, the serial numbers of said certificates, and the number of shares represented by each certificate. If no contest has been presented to the Company regarding the said stock certificates within one (1) year from the date of the last publication, the right to make such contest shall be barred and the Company shall cancel in its books the certificates of stock which have been lost, stolen or destroyed. New stock certificates shall be issued, unless the registered owner files a bond or other security in lieu thereof as may be required running for a period of one (1) year for a sum and in such form and with such sureties as may be satisfactory to the Board of Directors, in which case a new certificate may be issued even before the expiration of the one (1) year period herein; Provided, that if a contest has been presented to the Company or if an action is pending in court regarding the ownership of said certificates of stock which have been lost, stolen or destroyed, the issuance of the new certificates of stock in lieu thereof shall be suspended until final decision by the court regarding the ownership of said certificates of stock.
Other Relevant Information
This disclosure is related to Disclosure Report No. C05462-2022 dated 22 July 2022.
AC Energy CorporationACEN