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)

Apr 3, 2023

2. SEC Identification Number

184228

3. BIR Tax Identification No.

000-275-291-000

4. Exact name of issuer as specified in its charter

MRC ALLIED, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

4th Floor Spirit of Communications Centre 106 Carlos Palanca St. Legazpi Village, Makati City Postal Code 1229

8. Issuer's telephone number, including area code

632 88467910/09178082991/09087380854

9. Former name or former address, if changed since last report

5th Floor Eurovilla 4 Bldg. 853 A Arnaiz Avenue, Legazpi Village, Makati City

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 STOCK	8,512,658,975

11. Indicate the item numbers reported herein

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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.

MRC Allied, Inc.MRC

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure
Updates on the Memorandum of Agreement signed with Menlo Capital Corporation and MRC Allied, Inc.dated February 27, 2023.
Background/Description of the Disclosure
We write in connection with our PSE Disclosure 4-30 Material Information/Transactions dated February 27, 2023, for the Memorandum of Agreement signed with Menlo Capital Corporation and MRC Allied, Inc. As previously disclosed, the Parties to the Memorandum of Agreement are required to agree on the Purchase Price, Schedule of Payment(s), other material terms and condition of the Sale of the Subject Shares within Thirty (30) days from the execution of the agreement. These shall be agreed on in writing by the Parties in a duly executed Terms of Reference. As an update however, the parties have yet to finalize several terms and conditions that are material in nature as the same are pending review of their legal consultants. As soon as the review has been concluded and changes, if any are mutually agreed, the Parties will proceed to execute the Terms of Reference which in turn will be the basis of the execution of the Definitive Agreement to close the transaction. We are expecting that within a period of Thirty (30) days the parties will be able to execute the Terms of Reference. The original Sixty (60) days closing period will be moved to another date to be agreed upon by the parties during the execution of the Terms of Reference.
Other Relevant Information
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