C07560-2022

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)
Sep 30, 2022
2. SEC Identification Number
25160
3. BIR Tax Identification No.
000-189-138-000
4. Exact name of issuer as specified in its charter
MILLENNIUM GLOBAL HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lot 9 Block 2 John Street, Multinational Village, Paranaque City Postal Code 1708
8. Issuer's telephone number, including area code
(632) 8551-2575
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 shares 2,369,684,619
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.

Millennium Global Holdings, Inc.MG

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

Material Information/Transactions

Background/Description of the Disclosure

Please be informed that the following matters were approved during today’s meeting of the Board of Directors of MILLENNIUM GLOBAL HOLDINGS, INC. (the “Corporation”).


1. Rescission of the subscription to a total of 130,315,381 common shares by the following:

Name - No. of Common shares - Date of Issuance

Elite Holdings, Inc. - 55,052,300 - 10/13/2011
Roger G. Stone - 18,500,000 - 10/13/2011
Oleen Miranda - 6,000,000 - 10/13/2011
Paul Joseph Cunningham - 6,000,000 - 10/13/2011
IPVG Employees, Inc. - 38,000,000 - 10/13/2011
E-store Exchange.Com Inc. - 1,763,080 - 12/07/2010
Jaime Enrique Y. Gonzalez - 5,000,000 - 04/15/2011
Ricardo F. Lagdameo - 1 - 12/07/2010
TOTAL = 130,315,381

The above subscriptions were made in 2010 and 2011, with the understanding that the above stockholders were to assist in facilitating the issuance and the ultimate listing of the shares. For failure of the said stockholders to provide the requirements and assistance needed within a considerable period since the transaction, the Corporation deems it best to proceed with the rescission of the subscription.

The 130,315,381 common shares shall be removed from the issued and outstanding shares of the Corporation, and any previously issued certificates of stocks representing said shares shall be surrendered to and canceled by the Corporation.

With the above, the updated capital structure of the Company is as follows:

No. of issued shares: 2,369,684,619
No. of outstanding shares: 2,369,684,619

2. Amendment of the timeline to proceed with the application for increase of the authorized capital stock of the Corporation as disclosed on March 18, 2021, such that the same shall proceed after the approval of the additional listing of the remaining unlisted shares of the Corporation and service of the lock-up period, as may be applicable.

Other Relevant Information

Please see attachment.

Filed on behalf by:
Name Lyra Gracia Lipae-Fabella
Designation Corporate Secretary