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 12, 2024
2. SEC Identification Number
CS200321240
3. BIR Tax Identification No.
227-599-320
4. Exact name of issuer as specified in its charter
CEBU LANDMASTERS, INC.
5. Province, country or other jurisdiction of incorporation
CEBU CITY, CEBU PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10TH FLOOR, PARK CENTRALE TOWER, JOSE MA. DEL MAR ST., CEBU I.T. PARK, BGRY. APAS, CEBU CITY, PHILIPPINESPostal Code6000
8. Issuer's telephone number, including area code
(032) 231-4870
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
3,465,201,467
PREFERRED SHARES
4,280,340
11. Indicate the item numbers reported herein
Item 9 (Other Matters)
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.
Cebu Landmasters, Inc.CLI
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
Cebu Landmasters raises Php4.28 billion in follow-on offering, debuts preferred shares listing in The Philippine Stock Exchange
Background/Description of the Disclosure
• CLI raised Php4,280,340,000 from selling company preferred shares and oversubscription option shares during its follow-on offering. • Proceeds from the offer will be used for the company’s expansion plans and project developments while a portion will also be used for general corporate purposes. • CLI’s track record posted a 29% increase in consolidated net income year-on-year, to Php4.64 billion, and recorded significant growth in net income to its shareholders, up by 13% to Php3.58 billion from last year’s Php3.17 billion.
For more information, please see the attached SEC Form 17-C.
Other Relevant Information
NOTE: The disclosure contains forward-looking statements and facts that are subject to considerable risks and uncertainties. These forward-looking statements include, but are not limited to, statements about known and unknown risks; uncertainties and other factors that may cause actual results to differ from expected future performance.