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)
Jun 11, 2024
2. SEC Identification Number
12978
3. BIR Tax Identification No.
000-263-366
4. Exact name of issuer as specified in its charter
PHILIPPINE ESTATES CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35/F ONE CORPORATE CENTRE, DOÑA JULIA VARGAS AVE., COR MERALCO AVE., PASIG CITYPostal Code1605
8. Issuer's telephone number, including area code
8637-3112
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 - 1.00 PAR VALUE
2,891,099,660
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.
Philippine Estates CorporationPHES
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
ORGANIZATIONAL MEETING FOR THE YEAR 2024 HELD ON JUNE 11, 2024 @ 11:30 AM
Background/Description of the Disclosure
RESULTS OF ORGANIZATIONAL MEETING FOR THE YEAR 2024 ELECTION OF OFFICERS AND CONSTITUTION OF BOARD COMMITTEES
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
ARTHUR M. LOPEZ
CHAIRMAN
1,000
-
-
KENNETH T. GATCHALIAN
VICE CHAIRMAN
320,000
-
-
JOSAIAS T. DELA CRUZ
LEAD INDEPENDENT DIRECTOR
100
-
-
ELVIRA A. TING
PRESIDENT
500,000
-
-
GLENN GERALD PANTIG
CHIEF OPERATION OFFICER
-
-
-
RICHARD L. RICARDO
TREASURER
2,460,000
-
-
ARSENIO A. ALFILER, JR.
CORPORATE SECRETARY
-
-
-
AMANDO J. PONSARAN JR. A
. ASSISTANT CORPORATE SECRETARY
-
-
-
ERWIN BRYAN KANAPI
CHIEF RISK OFFICER
-
-
-
BYOUNG HYUN SUH
CHIEF AUDIT EXECUTIVE
1,000
-
-
JOCELYN VALLE
COMPLIANCE OFFICER
-
-
-
RICHARD L. RICARDO
INVESTOR RELATIONS OFFICER
-
-
-
ERWIN BRYAN KANAPI
COMPLIANCE OFFICER FOR ANTI MONEY LAUNDERING COUNCIL
-
-
-
ERWIN BRYAN KANAPI
DATA PROTECTION OFFICER
-
-
-
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
AUDIT COMMITTEE
BYOUNG HYUN SUH
CHAIRMAN
AUDIT COMMITTEE
SERGIO ORTIZ-LUIS, JR.
MEMBER
AUDIT COMMITTEE
JOSAIAS T. DELA CRUZ
MEMBER
CORPORATE GOVERNANCE COMMITTEE
RENATO FRANCISCO
CHAIRMAN
CORPORATE GOVERNANCE COMMITTEE
BYOUNG HYUN SUH
MEMBER
CORPORATE GOVERNANCE COMMITTEE
JOSAIAS T. DELA CRUZ
MEMBER
EXECUTIVE COMMITTEE
ELVIRA A. TING
CHAIRMAN
EXECUTIVE COMMITTEE
KENNETH T. GATCHALIAN
MEMBER
EXECUTIVE COMMITTEE
DEE HUA T. GATCHALIAN
MEMBER
EXECUTIVE COMMITTEE
RICHARD L. RICARDO
MEMBER
EXECUTIVE COMMITTEE
ARTHUR M. LOPEZ
MEMBER
BOARD RISK OVERSIGHT COMMITTEE
JOSAIAS T. DELA CRUZ
CHAIRMAN
BOARD RISK OVERSIGHT COMMITTEE
RENATO C. FRANCISCO
MEMBER
BOARD RISK OVERSIGHT COMMITTEE
BYOUNG HYUN SUH
MEMBER
RELATED PARTY TRANSACTIONS (RPT) COMMITTEE
RENATO C. FRANCISCO
CHAIRMAN
RELATED PARTY TRANSACTIONS (RPT) COMMITTEE
JOSAIAS T. DELA CRUZ
MEMBER
RELATED PARTY TRANSACTIONS (RPT) COMMITTEE
ARTHUR R. PONSARAN
MEMBER
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Result of the Organizational Meeting on June 11, 2024 at 11:30am
Board Approval at its meeting dated June 11, 2024
ELECTION OF CORPORATE OFFICERS CHAIRMAN ARTHUR M. LOPEZ VICE CHAIRMAN KENNETH T. GATCHALIAN LEAD INDEPENDENT DIRECTOR JOSAIAS T. DELA CRUZ PRESIDENT ELVIRA A. TING CHIEF OPERATION OFFICER GLENN GERALD PANTIG TREASURER RICHARD L. RICARDO CORPORATE SECRETARY ARSENIO A. ALFILER, JR. ASSISTANT CORPORATE SECRETARY AMANDO J. PONSARAN, JR CHIEF RISK OFFICER ERWIN BRYAN KANAPI CHIEF AUDIT EXECUTIVE BYOUNG HYUN SUH COMPLIANCE OFFICER JOCELYN A. VALLE INVESTOR RELATIONS OFFICER RICHARD L. RICARDO COMPLIANCE OFFICER FOR ANTI MONEY LAUNDERING COUNCIL ERWIN BRYAN KANAPI DATA PROTECTION OFFICER ERWIN BRYAN KANAPI CONSTITUTION OF BOARD COMMITTEES
1. AUDIT COMMITTEE CHAIRMAN BYOUNG HYUN SUH MEMBER SERGIO ORTIZ-LUIS, JR. JOSAIAS T. DELA CRUZ 2. CORPORATE GOVERNANCE COMMITTEE CHAIRMAN RENATO FRANCISCO MEMBER BYOUNG HYUN SUH JOSAIAS T. DELA CRUZ 3. EXECUTIVE COMMITTEE CHAIRMAN ELVIRA A. TING MEMBER KENNETH T. GATCHALIAN DEE HUA T. GATCHALIAN RICHARD L. RICARDO ARTHUR M. LOPEZ 4. BOARD RISK OVERSIGHT COMMITTEE CHAIRMAN JOSAIAS T. DELA CRUZ MEMBER RENATO C. FRANCISCO BYOUNG HYUN SUH 5. RELATED PARTY TRANSACTIONS (RPT) COMMITTEE CHAIRMAN RENATO C. FRANCISCO MEMBER JOSAIAS T. DELA CRUZ ARTHUR R. PONSARAN