C07909-2024
Ex-Date : Oct 27, 2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
May 11, 2020
2. SEC Identification Number
98780
3. BIR Tax Identification No.
002-727-393
4. Exact name of issuer as specified in its charter
ABACORE CAPITAL HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
135 J.P. RIZAL ST., BRGY. MILAGROSA, PROJECT 4, QUEZON CITY Postal Code 1109
8. Issuer's telephone number, including area code
(02) 8724-3759 / 8725-7875
9. Former name or former address, if changed since last report
ABACUS CONSOLIDATED RESOURCES & HOLDINGS, INC.
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 SHARE 3,185,934,029
AMOUNT OF DEBT OUTSTANDING AS OF SEPT. 30, 2019 166,528,000
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.

AbaCore Capital Holdings, Inc.ABA

PSE Disclosure Form 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Updating the public of the disclosures relative to the listing of the shares subject of the 2020 stock dividend of 318,593,391 common shares.

Background/Description of the Disclosure

1. During Abacore Capital Holdings, inc. (“ABA” or the “Corporation) Annual Stockholders' meeting held On October 8, 2020, the stockholders approved the declaration of the stock dividends.
2. On November 27, 2024, ABA received an electronic mail from the Securities and Exchange Commission (SEC). Attached to the said electronic mail is a letter dated November 14, 2024 which provided an ipso facto fixed date of October 30, 2020 for the 2020 stock dividends.
3. On the same day, ABA made a disclosure and set a payment date of December 12, 2024, which is within eighteen trading days from the time of receipt of the letter from SEC, subject to compliance with existing Rules and Regulations.
4. The Corporation has submitted all the documentary requirements for the listing of the new shares subject of the stock dividend.
5. The Corporation has paid the necessary filing fee for the application for listing the new shares subject of the stock dividend.
6. The issuance of the stock dividend will proceed on December 12, 2024 but we advise the investing public that the issuance must proceed to the next stage which is the listing of the issued shares on the Philippine Stock Exchange (PSE). During the pendency of the approval of listing, ABA’s stock and transfer agent, Professional Stock Transfer, Inc. will process the certificates of stock of the Corporation’s shareholders to whom new shares will be issued relative to the foregoing stock dividends.
7. The said new shares will be available for trading upon approval of the listing application with the PSE.

Type of Securities

Stock Dividend
Date of Approval by Board of Directors May 11, 2020
Date of Approval by Stockholders Oct 8, 2020
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission Nov 14, 2024
Stock Dividend Rate

10%

Source of Dividend Payment

AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2019 REFLECT UNRESTRICTED RETAINED EARNINGS IN THE AMOUNT OF APPROXIMATELY P531,831,121 PESOS.

Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued : 318,593,403
To be taken from an increase in authorized capital stock
From: N/A

To:N/A

Number of Shares to be Issued : 0
Others:
-
Number of Shares to be Issued : 0
Record Date Oct 30, 2020
Payment Date Dec 12, 2024
Other Relevant Information

-

Filed on behalf by:
Name Rico De Los Reyes
Designation Assistant Vice President, Chief Financial Officer and Comptroller