9. Former name or former address, if changed since last report
Not Applicable
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
5,318,095,199
Preferred - Series A
12,500,000
Preferred - Series B
20,000,000
Preferred - Series C
10,000,000
Preferred - Series D
6,000,000
Preferred - Series E
1,500,000
11. Indicate the item numbers reported herein
Item 9 - Other Events
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.
Arthaland CorporationALCO
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
Subscription to the 6,250,000 preferred shares of Cazneau Inc. (Cazneau)
Background/Description of the Disclosure
The Corporation will subscribe to 6,250,000 preferred shares of Cazneau at a subscription price of P4.00 per share or the total amount of P25,000,000.00 to be issued from the proposed increase of its authorized capital stock by 25,000,000 redeemable, non-cumulative, non-voting, and non-participating preferred shares at a par value of P1.00 per share once approved by the Securities and Exchange Commission.
Cazneau is a wholly-owned subsidiary of the Corporation which is presently developing Sevina Park , a sustainable mixed-use community that will feature multiple components like designer villas, residential mid-rise buildings, commercial office buildings as well as retail and supplemental amenities. Cazneau will leverage on the additional equity to fund Sevina Park’s working capital requirements while ensuring compliance with all its financial covenants.
The Corporation will pay its subscription in full and this will be recorded as deposit for future subscription for the meantime.