At the Special Stockholders' Meeting held on October 15, 2026, stockholders representing 81.42% of the outstanding capital stock of Alliance Select Foods International, Inc. (the “Corporation”) approved the amendment of the articles of incorporation of the Corporation, particularly:
a. Article Third: for the principal office of the corporation to be at 3F Keyland Valero, 114 Valero Street, Salcedo Village, Bray. Bel-Air, Makati City, Metro Manila 1227 PH; and
b. Article Seventh: for the decrease in the par value of the Authorized Capital Stock of the Corporation from ONE BILLION FIVE HUNDRED MILLION PESOS (Php 1,500,000,000.00) in lawful money of the Philippines, divided into Three Billion (3,000,000,000) shares, with the par value of Fifty Centavos (Php 0.50) per share, to ONE BILLION FIVE HUNDRED MILLION PESOS (Php 1,500,000,000.00) in lawful money of the Philippines, divided into Fifteen Billion (15,000,000,000) shares, with the par value of Ten Centavos (Php 0.10) per share.
No stockholders of any class shall be entitled to any pre-emptive right to purchase, subscribe for, or receive any part of the shares of the Corporation, whether issued from its unissued capital or its treasury stock. |