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 26, 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 CityPostal Code1229
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
-
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 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Result of the company's regular Board meeting.
Background/Description of the Disclosure
We would like to inform the Exchange that during the Board of Directors Meeting held earlier today, at 7th Floor Spirit of Communications Centre, 106 Carlos Palanca St., Legazpi Village, Makati City where a quorum was present, the Board unanimously approved the following:
1. The approval of the minutes of the previous board meeting on February 07 2023.
2. The approval of the re-scheduling of the 2023 Annual Stockholders’ Meeting (ASM) July 12, 2023 at 9:00 a.m. which shall be attended physically by the stockholders or their authorized representatives subject to the approval of the Securities and Exchange Commission. It was also approved that in case that the alert level of the Covid-19 is raised to a level where gatherings shall be prohibited, the ASM will be held virtually via Zoom application. The record date shall be on May 10, 2023.
3. The re-approval of the amendment Seventh Article of the company's Articles of Incorporation to increase the par value of the shares of stocks from Ten centavos (Php0.10) per share to One Peso (Php1.00) per share.
4. The amendment of Article I of the company’s By-Laws to change the schedule of the annual stockholders' meeting from Second Monday of May to Second Tuesday of July.
Date of Approval by Board of Directors
Apr 25, 2023
Date of Approval by Stockholders
TBA
Other Relevant Regulatory Agency, if applicable
Securities and Exchange Commission (SEC)
Date of Approval by Relevant Regulatory Agency, if applicable
TBA
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article and Section Nos.
From
To
Article 1 Section 1 of the company's By-Laws
Second Monday of May
Second Tuesday of July
Rationale for the amendment(s)
The amendments of the company's By-Laws for the date of the annual stockholders meeting will give more time to prepare the necessary materials for the meeting.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the By-Laws with the SEC
TBA
Expected date of SEC approval of the Amended By-Laws
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The amendment in the By-Laws will be more convenience. There will be no effect in the capital structure.