Remarks | C02242-2025 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock, P1.00 par value | 300,000,000 |
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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Revised timeline of the conduct of tender offer |
Background/Description of the Disclosure |
Relative to the Share Purchase Agreement entered into by and between Tiger Resort Asia Limited (TRAL) and Premiumlands Corp. (PLC), subject of our disclosure dated December 6, 2024, we were informed today, April 07, 2025, that Notice has been given to Stockholders of Asiabest Group International, Inc. (the “Corporation”) stating that the period for the conduct of tender offer for up to One Hundred Million (100,000,000) common shares, constituting 33.33% of the outstanding common capital stock of the Corporation at the tender offer price of Php 2.552 per share shall commence on April 14, 2025 and shall end on May 16, 2025. |
Other Relevant Information |
The disclosure was amended due to the revision of the timeline of the conduct of the tender offer and the exact date of filing of the Tender Offer Report with the Securities and Exchange Commission. |
Name | Christine Base |
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Designation | Corporate Secretary |