C00341-2025

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)
Jan 20, 2025
2. SEC Identification Number
296
3. BIR Tax Identification No.
000-130-411-000
4. Exact name of issuer as specified in its charter
Metro Alliance Holdings & Equities Corp.
5. Province, country or other jurisdiction of incorporation
Metro, Manila Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35/F One Corporate Centre, Doña Julia Vargas Ave. cor. Meralco Ave., Ortigas Center, Pasig Postal Code 1605
8. Issuer's telephone number, including area code
(632) 706-7888
9. Former name or former address, if changed since last report
NA
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 – Class A 183,673,470
Common – Class B 122,448,979
Amount of Debt Outstanding 699,463,382
11. Indicate the item numbers reported herein
Update on Legal Proceedings

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.

Metro Alliance Holdings & Equities Corp.MAH

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Update on Legal Proceedings - MAH, Polymax Worldwide Limited and NPC Alliance Corporation, NPC International Limited, Petrochemical Industries Investment Company have simultaneously withdrawn the three ongoing cases they have filed against each other.
Background/Description of the Disclosure

This is a Civil Case filed by Metro Alliance Holdings & Equities Corp.,Polymax Worldwide Limited,and Renato B. Magadia against the Defendants for Corporate Mismanagement and Damages with Application for Temporary Restraining Order and Injunction
Name of the court or agency in which the proceedings are pending Regional Trial Court, Pasig City, Branch 159
Date Instituted Aug 1, 2019
Docket Number Civil Case No.R-PSG 19-02106CV
Principal Parties

Metro Alliance Holdings & Equities Corp.,Polymax Worldwide Limited, and Renato B. Magadia versus NPC International Limited, Persian Gulf Petrochemical Industries Corporation, Petrochemical Industries Investment Company, NPC Alliance Corporation, Mohamamad Reza Saheto Nssagh Farouji, Chairman of NPC Alliance Corporation, Amir Hatami Ramsheh, President of NPC Alliance Corporation, Homayoon Izadi, Director/Treasurer of NPC Alliance Corporation, Hezam Motazedian Ghomi Director of NPC Alliance Corporation, Rannier Espino Plant Manager of NPC Alliance Corporation
Nature and description of the legal proceedings

Civil Case For: Corporate Mismanagement and Damages, Corporate Deception in the Acquisition of the Plant with Damages with Application for Temporary Restraining Order and Injunction
The effect(s) on the Issuer's business or operations, if any

The Company's Board and Management do not see any effect on the business or operations of the Issuer.
Other Relevant Information

Update to Disclosure on Legal Proceedings dated August 1, 2019.
As an incident to the civil case instituted by MAH et al versus NPC International Limited et al at the RTC Pasig Branch 159 on August 1, 2019 (Civil Case No. R-PSG 19-02106CV), MAH received notice from the Permanent Court of Arbitration at the Hague, that arbitration proceedings in Geneva, Switzerland, have been instituted by NPC International Limited versus MAH et al. This counter suit prays for payment by the respondent of costs and damages that the claimant has incurred for the preservation of the Bataan polyethylene plant from 2018 to the date of the award. MAH filed its reply today, September 16, 2020, questioning the propriety of the arbitration proceedings.
The company maintains that RTC Pasig Branch 159 has taken jurisdiction over the case and that the arbitration case filed at the Hague constitutes forum shopping. The company’s board and management do not see any effect of this on the business operations of the issuer.
Update to Disclosure on Legal Proceedings as of January 20,2025.
In order to demonstrate the Parties-Litigants’ goodwill in reaching a comprehensive settlement in relation to their partnership in NPC Alliance Corporation, MAH, Polymax Worldwide Limited and NPC International Limited have simultaneously withdrawn the three ongoing cases they have filed against each other as follows:

1.Metro Alliance Holdings & Equities Corporation, et. al. v. NPC International Limited, et. al., docketed as Civil Case No. R-PSG-19-02106-CV pending before the Regional Trial Court of Pasig City Branch 159;

2.NPC Alliance Corporation, et. al. v. Regional Trial Court – Pasig (Branch 159), et. al., docketed as CA-G.R. SP No. 165159 pending before the Court of Appeals Former Twelfth Division; and

3.PCA Case No. 2020-51 pending before the Arbitral Tribunal constituted under the United Nations Commission on International Trade (UNCITRAL) Arbitration Rules in Geneva, Switzerland.

The company believes that the aforementioned withdrawal of the cases will avoid a protracted litigation and that an amicable cooperation can be determined by the parties moving forward.
Filed on behalf by:
Name Nestor Romulo
Designation Corporate Secretary & CIO