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 21, 2026
2. SEC Identification Number
CS2011102137
3. BIR Tax Identification No.
007-979-726-000
4. Exact name of issuer as specified in its charter
Cirtek Holdings Philippines Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
116 East Main Avenue Phase V SEZ Laguna Technopark Binan LagunaPostal Code4024
8. Issuer's telephone number, including area code
02 7729 62 05
9. Former name or former address, if changed since last report
-
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
668,505,825
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.
Cirtek Holdings Philippines CorporationTECH
PSE Disclosure Form 4-32 - Reply to Exchange's Query
Subject of the Disclosure
Update on the Preferred Shares of Cirtek Holdings Philippines Corporation
Description of the Disclosure
We write in response to your correspondence dated January 21, 2026, regarding Cirtek Holdings Philippines Corporation’s (“TECH” or the “Company”) payment of dividends and redemption of its Preferred Shares, specifically the Preferred B-2 Subseries A Shares (“TCB2A”), Preferred B-2 Subseries B Shares (“TCB2B”), Preferred B-2 Subseries C Shares (“TCB2C”) and Preferred B-2 Subseries D Shares (“TCB2D”) (collectively referred to as the “Preferred Shares”).
As disclosed in our letter dated October 10, 2025, the Company’s Board of Directors approved the suspension of dividend payments on the Preferred Shares until further notice, as part of the Company’s strategy to manage liquidity and to preserve its resources to ensure long-term sustainability of its business.
In relation thereto and in compliance with the Exchange’s directive to provide an update on the matter, the Company wishes to inform the public that it is still facing significant challenges due to the global slowdown in market demand. At present, the Company does not have sufficient unappropriated retained earnings to declare and pay dividends nor redeem the Preferred Shares. The Company’s Board of Directors shall carefully assess the availability of unrestricted retained earnings upon completion of the Company’s Audited Financial Statements as of December 31, 2025. Any indicative timeline for dividend payments or redemption will be determined thereafter, and shall be announced accordingly, subject to compliance with the Terms and Conditions of the Preferred Shares and the applicable laws.
To address liquidity constraints and strengthen TECH’s financial position, the Company is undertaking the following measures: • Implementing internal measures to improve cash flow and enhance efficiency across TECH’s business units. • Exploring potential collaborations and funding options to support long-term sustainability. • Actively seeking new investors whose participation is expected to generate additional revenue streams and improve financial stability. • Reviewing existing debt obligations and capital structure to ensure balanced allocation of resources.
Further, we reiterate that the Company fully recognizes that the dividends on the Preferred Shares are cumulative. TECH remains committed to fulfilling its obligations to pay all dividends due in accordance with the Terms and Conditions of the Preferred Shares as stated in the respective Prospectus of the Preferred Shares, once sufficient unappropriated retained earnings become available. As previously stated by the Company, this includes payment of all dividends due on the Preferred Shares, including arrears of dividends outstanding by reason of the suspension, on future dates to be set by the Board of Directors.
We trust this update addresses the Exchange’s directive. The Company shall accordingly disclose any significant developments as they arise.
Information Requested
Please see the attached letter containing the Company’s reply to the PSE’s correspondence
Cirtek Holdings Philippines CorporationTECH