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)
- Sep 1, 2015
- 2. SEC Identification Number
- A200117708
- 3. BIR Tax Identification No.
- 219-934-330
- 4. Exact name of issuer as specified in its charter
- Xurpas Inc.
- 5. Province, country or other jurisdiction of incorporation
- Philippines
- 6. Industry Classification Code(SEC Use Only)
- 7. Address of principal office
- 7F Cambridge Centre, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227
- 8. Issuer's telephone number, including area code
- (632) 889-6467
- 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 shares 1,720,000,660 - 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.
Xurpas Inc.X
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 |
|---|
Strategic Partnership with Globe Telecom, Inc. ("Globe") with Agreement to Acquire Globe's 51% Stake in Yondu Inc. |
| Background/Description of the Disclosure |
Xurpas Inc. (Xurpas) and Globe have inked an agreement today, in which Xurpas will acquire 51% of Globe’s equity stake in Yondu Inc., for a total consideration of Php900 Million. Subject to certain closing conditions, the acquisition will solidify Globe's and Xurpas' partnership in the internet and digital space and will transform Yondu into a regional arm for digital content distribution and other technology-driven revenues. |
| Other Relevant Information |
Xurpas will update this disclosure upon the execution of definitive agreements on the transaction. |
| Name | Mark Gorriceta |
|---|---|
| Designation | Assistant Chief Information Officer |