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
1,890,958,323
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.
MacroAsia CorporationMAC
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
Notice of Groundbreaking Ceremony for Seawater Desalination Plant Project in Lapu-Lapu City
Background/Description of the Disclosure
We are pleased to announce that the Groundbreaking Ceremony for the Seawater Desalination Plant Project in Lapu-Lapu City, led by Summa Water Resources, Inc. (SWRI) through its subsidiary CSWater Lapu-Lapu, Inc. (CSWLL), took place today, September 18, 2024. This event represents a pivotal milestone in our collective pursuit of sustainable water management solutions and marks the commencement of efforts to ensure a reliable water supply for the city of Lapu-Lapu.
This project is a vital response to the city's growing water needs. The initial phase involves the construction of a 15 MLD (Million Liters per Day) desalination plant in Punta Engaño and a 500 CMD (Cubic Meters per Day) desalination facility on Olango Island. The project is being developed under a Joint Venture Agreement for Bulk Water Supply, signed between the City of Lapu-Lapu and CSWLL/SWRI on June 21, 2019. The official Notice to Proceed was issued by Mayor Junard “Ahong” Chan on May 13, 2024, marking the formal commencement of this transformative project.
CSWater Lapu-Lapu, Inc. (CSWLL) is a wholly owned subsidiary of Summa Water Resources, Inc., which is 60% owned by MacroAsia Corporation through its wholly-owned subsidiary Allied Water Services, Inc.