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Synergy Grid & Development Phils., Inc.SGP
PSE Disclosure Form 4-33 - Voluntary Trading Halt
| Subject of the Disclosure |
|---|
Request for voluntary halt in trading of Issuer's shares. |
| Background/Description of the Disclosure |
The Company requested for a halt of the trading of its shares in view of the disclosure of material information in relation to the Company’s singing of Binding Term Sheet with Maharlika Investment Corporation (MIC) for the subscription of shares representing approximately Twenty Percent (20%) equity interest in SGP. MIC will subscribe to convertible preferred shares to be created and issued out of the increase in the authorized capital stock of SGP. The trading halt requested shall be implemented at 9:30 a.m. tomorrow, 28 January 2025, and shall be lifted one hour after. |
| Stock Symbol(s) of Affected Securities | SGP |
|---|
| Execution Date | Jan 28, 2025 |
|---|---|
| Execution Time | 9:30 a.m. |
| Lifting Date | Jan 28, 2025 |
| Lifting Time | 10:30 a.m. |
| Reason(s) for the request |
|---|
In view of the disclosure of material information in relation to the Company’s signing of Binding Term Sheet with Maharlika Investment Corporation (MIC) for the subscription of shares representing approximately Twenty Percent (20%) equity interest in SGP. |
| Other Relevant Information |
|---|
- |
| Name | Cheryl de Leon |
|---|---|
| Designation | Corporate Secretary |