LN00031-2023 |
Subject | Suntrust Resort Holdings, Inc.: Private Placement – Additional Listing |
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Company Name | Suntrust Resort Holdings, Inc. |
Type of Security | Stock Symbol | Par Value | |
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Common Shares | SUN | Php 1.00 |
Type of Transaction(s) | Private Placement |
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Transaction Ratio (if applicable) | - |
Transaction Value | Php 2,550,000,000.00 |
Subscriber | Consideration | Transaction Price | Stock Symbol | Number of Shares Issued | |
---|---|---|---|---|---|
Fortune Noble Limited | Cash | Php 1.00 | SUN | 2,550,000,000 |
Duration of Lock-up | 180 days |
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Applicable Lock-up Rule | Article V, Part A, Section 7 |
Escrow Agent | China Banking Corporation through its Trust and Asset Management Group |
Date of Execution of Escrow Agreement | Jun 16, 2022 |
Name of Shareholder | No. of Shares | Stock Symbol | Percentage | |
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Fortune Noble Limited | 2,550,000,000 | SUN | 35.17 |
Name of Shareholder | No. of Shares | Stock Symbol | Percentage | |
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- | - | - | - |
Stock Symbol | No. of Shares | |
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SUN | 2,550,000,000 |
Stock Symbol | No. of Shares | |
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- | - |
Listing Date | Feb 23, 2023 |
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Adjustments
Type of Security / Stock Symbol | Before | After | |
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SUN | 7,250,000,000 | 7,250,000,000 |
Type of Security / Stock Symbol | Before | After | |
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SUN | 7,250,000,000 | 7,250,000,000 |
Type of Security / Stock Symbol | Before | After | |
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SUN | 2,000,000,000 | 4,550,000,000 |
Other Relevant Information |
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Suntrust Resort Holdings, Inc.'s (“SUN” or the “Company”, formerly “Suntrust Home Developers, Inc.”) Board of Directors (the “Board”) and stockholders’ approved the subscription by Fortune Noble Limited (“FNL”) to 2,550,000,000 SUN common shares out of the increase in the authorized capital stock of the Company. |
Name | Norberto Moreno Jr. |
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Designation | Listings Department |