C08295-2023

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)
Nov 21, 2023
2. SEC Identification Number
98780
3. BIR Tax Identification No.
002727393
4. Exact name of issuer as specified in its charter
ABACORE CAPITAL HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
135 J.P. RIZAL ST., BRGY. MILAGROSA, PROJECT 4, QUEZON CITY Postal Code 1109
8. Issuer's telephone number, including area code
(02) 8724-3759 / 8725-7875
9. Former name or former address, if changed since last report
ABACUS CONSOLIDATED RESOURCES & HOLDINGS, INC.
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 SHARE 4,185,934,029
AMOUNT OF DEBT OUTSTANDING AS OF SEPTEMBE 30, 2023 76,800,000
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.

AbaCore Capital Holdings, Inc.ABA

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

RESULTS OF REGULAR BOARD MEETING

Background/Description of the Disclosure

In concurrent meetings held today, the following events transpired:

1. In the board meeting of Philippine Regional Investment Development
Corporation (PRIDE), the Board of Directors approved the following:

• Authority to sell of up to forty (40%) equity interest in PhilStar Development Bank at 1.5 times adjusted book value subject to approval of the Bangko Sentral ng Pilipinas and the Monetary Board and the corresponding authority of the President to negotiate, execute, and implement agreements for such purpose.

• Authority for the Corporation and its subsidiaries to execute a Third Party Mortgage over its properties located in Pagkilatan, Batangas City and Lemery, Batangas to support the credit line of its mother corporation to build its investment portfolio, develops its properties, fund its projects, and augment working capital.


2. Thereafter, the Board of Directors of ABACORE approved the following:

• The CFO of the Corporation presented the financial report on operations of the Corporation and projections for year end. The Board noted the report and the Chairman further noted that revaluation of properties should be completed by year end in time for financial reporting of the entire Calendar year during the first quarter of next year.

• The board likewise authorized the availment of a credit line with Philippine Business Bank for up to Five Hundred Million Pesos (P500,000,000.00) for the Corporation to further build its investment portfolio, develop its properties, provide additional funding for its current projects, and to augment working capital. The board also authorized the President and EVP/COO to sign all the relevant documents to execute and implement the same.

Other Relevant Information

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Filed on behalf by:
Name Rico De Los Reyes
Designation Comptroller