C07189-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 14,508,750,313 |
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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Acquisition of up to 100% Outstanding Shares of Booze On-Line, Inc. |
Background/Description of the Disclosure |
The Keepers Holdings, Inc. ("Keepers") intends to acquire up to 100% outstanding shares of Booze On-Line, Inc. at a price below 10% of Keepers' total book value as of September 30, 2024. |
Date of Approval by Board of Directors |
Nov 11, 2024 |
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Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction |
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The intended transaction offers The Keepers Holdings, Inc. the opportunity to add to its portfolio premium beer brands |
Date | TBA |
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Manner |
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To be announced in due course |
Description of the company to be acquired or sold |
Booze On-Line, Inc. ("Booze") is a domestic corporation incorporated and registered with the Securities and Exchange Commission on 15 June 2001 |
Number of shares to be acquired or disposed | 2,000,000 |
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Percentage to the total outstanding shares of the company subject of the transaction | 100 |
Price per share | To be announced in due course |
Nature and amount of consideration given or received |
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To be announced in due course |
Principle followed in determining the amount of consideration |
To be announced in due course |
Terms of payment |
To be announced in due course |
Conditions precedent to closing of the transaction, if any |
The proposed acquisition will be submitted to the approval of the Philippine Competition Commission, if applicable |
Any other salient terms |
None |
Name | Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates | |
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Adarro Holdings Corporation | One of the directors of Adarro Holdings Corporation, Ms. Baby Gerlie I. Sacro, is the present Corporate Secretary of The Keepers Holdings, Inc. | |
Rajesh Sadhwani | No material relationship with The Keepers Holdings, Inc. |
Effect(s) on the business, financial condition and operations of the Issuer, if any |
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The intended transaction offers The Keepers Holdings, Inc. the opportunity to add to its portfolio premium beer brands. |
Other Relevant Information |
The intended consideration for this transaction is below 10% of the Company's total book value as of September 30, 2024. Please see supporting SEC 17-C attached. |
Name | John Marson Hao |
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Designation | Investors Relations Officer |