Please be advised that the declassification of Metro Alliance Holdings & Equities Corp. ("MAH") common Class "A" and common Class "B" shares into a single class of Common Shares will be reflected on the Exchange's trading system effective on September 18, 2026.
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 15, 2026
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
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35TH FLR. ONE CORPORATE CENTER, DONA JULIA VARGAS AVE. CORNER MERALCO, ORTIGAS CENTER, PASIG CITYPostal Code1605
8. Issuer's telephone number, including area code
(02) 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
OUTSTANDING DEBT
726,456,662
11. Indicate the item numbers reported herein
MAHEC New ISIN after Declassification of Common Class A and Class B into one common shares
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 4-19 - Declassification of Shares References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Update that MAHEC has received from SEC its New ISIN after Declassification of Common Class A and Class B into one common shares
Background/Description of the Disclosure
The Board observed that both Class A and Class B have the same rights and privileges, except that Class A ownership is limited to Philippine Nationals while Class B can be owned by foreigners provided 40% limit on foreign ownership is observed. Because of this the Board deemed it better for the company to have one class of common shares of stock subject to such 40% limit on foreign ownership. It may even facilitate trading of the shares and simplify reporting. This was approved by the Board on Aug. 15, 2018 and ratified by the stockholders during the Annual Stockholders meeting held on November 16, 2018 at 3:00p.m. at One Café & Events Place, 6th F. One Corporate Center, Dona Julia Vargas cor. Meralco Ave., Ortigas Ctr., Pasig City
SEC approved on September 2, 2026 the amendment to the Article NINTH of the amended Articles of Incorporation on the declassification of common class “A” and “B”. The Certificate of filing of Amended AOI was received by the Company on September 4, 2026.
Date of Approval by Board of Directors
Aug 15, 2018
Date of Approval by Stockholders
Nov 16, 2018
Date of Approval by Securities and Exchange Commission
Sep 2, 2026
Reason or purpose of the declassification of shares
The reason for the declassification of Common “A” and Common “B” shares is to promote market efficiency, transparency, and equitable shareholder treatment within publicly listed companies as mandated by the relevant issuances of the Securities and Exchange Commission and The Philippine Stock Exchange, Inc.
Another reason is that the Board observed that both Class A and Class B have the same rights and privileges, except that Class A ownership is limited to Philippine Nationals while Class B can be owned by foreigners provided 40% limit on foreign ownership is observed. Because of this the Board deemed it better for the company to have one class of common shares of stock subject to such 40% limit on foreign ownership. It may even facilitate trading of the shares and simplify reporting.
Effects on Capital Structure
Issued Shares
Type of Security/Stock Symbol
Before
After
Common Class A - MAH
183,673,470
0
Common Class B - MAHB
122,448,979
0
Common (MAH) - Resulting No. of shares due to declassification of shares
-
306,122,449
Outstanding Shares
Type of Security/Stock Symbol
Before
After
Common Class A - MAH
183,673,470
0
Common Class B - MAHB
122,448,979
0
Common (MAH) - Resulting No. of shares due to declassification of shares
-
306,122,449
Treasury Shares
Type of Security/Stock Symbol
Before
After
NA
NA
NA
Listed Shares
Type of Security/Stock Symbol
Before
After
Common Class A - MAH
183,673,470
0
Common Class B - MAHB
122,448,979
0
Common (MAH) - Resulting No. of shares due to declassification of shares
-
306,122,449
Procedure(s) for updating stock certificates
Details of Stock Transfer Agent
Name
BDO Unibank, Inc. - Trust and Investment Group
Address
44th Floor, BDO Corporate Center Ortigas, East Tower 12 ADB Avenue, Ortigas Center, Mandaluyong City
Contact Person
Ms. Gesan Tesiorna-Santos / Ms. Concepcion E. Foronda / Mr. Doel M. Torres (632) 8878-4961 / (632) 8878-4105 / (632) 8840-7000 local 31345
Inclusive dates when the old stock certificates can be replaced
Start Date
TBA
End Date
TBA
Documentary requirements
Individual Shareholders
Individual shareholders should submit (a) photocopies of two (2) valid government issued identification cards; (b) duly verified signature card; and (c) original copy of the old stock certificate/s of Common Class A and Common Class B, whatever is applicable.
For individual stockholders who will claim their replacement stock certificates through representatives, please submit the following:
a. Original and photocopy of valid government issued identification card with photograph of the representative; b. Photocopy of two (2) valid government issued identification cards with photograph and specimen signature of the stockholder of record; c. Original copy of the authorization letter or notarized copy of the Special Power of Attorney from the stockholder of record. d. Original copy of the old stock certificate/s of Common Class A and Common Class B, whatever is applicable.
Corporate Shareholders
Corporate shareholders should submit the following:
a. Secretary's Certificate which sets forth the list of authorized signatories for stock transactions; b. Specimen signature card of the authorized signatories verified by the Corporate Secretary of the corporate shareholders; c. Photocopies of two (2) valid government issued identification cards of the authorized signatories certified as true copy by the Corporate Secretary of the corporate shareholders; d. Photocopies of two (2) valid government issued identification cards of the Corporate Secretary, certified as true copy by any one (1) of the other authorized signatories; e. Certified true copy by the Corporate Secretary of the latest Articles of Incorporation and By-Laws; f. Certified true copy by the Corporate Secretary of the latest General Information Sheet; and g. Original copy of the old stock certificate/s of Common Class A and Common Class B, whatever is applicable
Date of availability of new stock certificates
TBA
Procedures in case of lost stock certificates
1. In case of lost stock certificate/s, the stockholder should submit the following documents to the Stock Transfer Agent:
a. Affidavit of Loss with undertaking, executed by registered owner, specifying the name of the Corporation, name of registered owner, number of shares, stock certificate number and circumstances of the loss.
b. Affidavit of Publication executed by the publisher of a newspaper of general circulation in the principal office of the Corporation stating that the required Notice of Loss had been published once a week for three (3) consecutive weeks indicating the name of the Corporation, registered owner, number of shares, and stock certificate number. The Notice of Loss should also state that after one (1) year from last date of publication, if no contest has been presented, the Corporation shall issue a new certificate.
c. If the stockholder intends to expedite the issuance of a new stock certificate/s, a one (1)-year surety bond issued by a reputable insurance company shall be posted in favor of the Corporation in the amount not exceeding double the book value of the total shares covered by the lost stock certificate/s.
2. Payment of Transfer Fee - PhP100.00 per stock certificate and Cancellation Fee - PhP20.00 per stock certificate.
Other Relevant Information
This Disclosure is being amended to confirm receipt by MAHEC from SEC, its new ISIN. This disclosure is being amended to reflect the date of approval by SEC on September 2, 2026 and the date of receipt of SEC approval. by the Company on September 4, 2026. Please find attached the SEC Certificate of Filing of Amended Articles of Incorporation and the Amended Articles of Incorporation.