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
1,821,977,615
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.
Chelsea Logistics and Infrastructure Holdings Corp.C
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
Subject of the Disclosure
Clarification of the News Report entitled "Udenna looking for new investors"
Source
Manila Bulletin (Online Edition)
Subject of News Report
Udenna looking for new investors
Date of Publication
Aug 31, 2022
Clarification of News Report
We write with respect to the attached news article entitled “Udenna looking for new investors” posted in Manila Bulletin (Online Edition) on August 31, 2022, which reported in part that:
“Udenna Corp., the holding company of Davao-based businessman Dennis A. Uy, is looking for strategic partners for some of its subsidiaries to manage resources and support growth.
The company announced this call for new investors Wednesday, August 31, particularly for Chelsea Logistics & Infrastructure Holdings Corp. and Phoenix Petroleum Philippines Inc.
‘We are looking for partners who can help us further expand our businesses and promote our brands,’ Uy disclosed.
‘We have clearly spelled out our growth strategy which does not simply include selling assets. Like all visionary entrepreneurs, we want to go beyond the buy and sell mentality and move towards a more sustainable business that protects and supports the thousands of families that depend on us,’ he stressed.
. . . . ”
In this regard, we confirm the statements in the article but the Company wishes to highlight that it is looking for strategic investors that can support growth, expand the business, and promote the brands. The Company, as with many entities, is always open to the possibility of various opportunities, including the entry of a strategic investor, but this is taken together with the intention to grow and sustain the business and is not a mere sale of assets.