C06757-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON | 4,764,056,287 |
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.
Subject of the Disclosure |
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Material Information/Transactions |
Background/Description of the Disclosure |
The Issuer has entered into a Deed of Absolute Sale with San Miguel Properties, Inc. (SMPI) on 23 October 2024 for the purchase of SMPI’s 100% equity in Rapidshare Realty and Development Corporation (Corporation) at a purchase price of approximately P2.5B. Such transaction effectively vests upon the Issuer control and ownership of the Corporation’s non-moving business and assets. |
Other Relevant Information |
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Name | Federico Jr. Noel |
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Designation | Corporate Secretary |