| C07818-2026 |
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
|---|---|---|
| COMMON SHARES PAR P1.00 PAR VALUE | 682,065,632 |
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 |
|---|
Republic Glass Holdings Corporation entered into an Investment Agreement today, November 4, 2026, for the incorporation of "SPPI New Clark City, Inc.". |
| Background/Description of the Disclosure |
Science Park of the Philippines, Inc. (Developer) and Republic Glass Holdings Corporation (Investor) are forming “SPPI New Clark City, Inc.” (New Company), to develop and operate an Industrial Park in New Clark City, Capas, Tarlac. |
| Date of Approval by Board of Directors |
Oct 15, 2026 |
|---|
| Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction |
|---|
This transaction represents a significant step in advancing our growth strategy and fostering innovation through strategic partnerships. It offers the potential to generate attractive financial returns while strengthening our risk-management approach through portfolio diversification, helping to reduce exposure to individual market movements and provide greater resilience amid changing economic conditions. |
| Date | TBA |
|---|
| Manner |
|---|
Under the agreement, Republic Glass Holdings Corporation will invest PHP 140 million for a 20% equity stake in “SPPI New Clark City, Inc.”, representing 1.4 million shares at a par value of PHP 100.00 per share. |
| Description of the company to be acquired or sold |
Science Park of the Philippines, Inc. (Developer) and Republic Glass Holdings Corporation (Investor) are partnering to form "SPPI New Clark City, Inc." (New Company). The New Company will be the new lessee (after assignment from SPPI), employer, and contract-holder for all project activities. |
| Number of shares to be acquired or disposed | 1,400,000 |
|---|---|
| Percentage to the total outstanding shares of the company subject of the transaction | 20 |
| Price per share | 100 |
| Nature and amount of consideration given or received |
|---|
Php 140 million |
| Principle followed in determining the amount of consideration |
Total consideration is set at P100 per share, multiplied by the total number of shares subscribed. |
| Terms of payment |
Payment will be made in two installments: |
| Conditions precedent to closing of the transaction, if any |
None |
| Any other salient terms |
None |
| Name | Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates | |
|---|---|---|
| None | None |
| Effect(s) on the business, financial condition and operations of the Issuer, if any |
|---|
This investment supports our strategic expansion into growing industrial parks. Although it requires upfront capital, we expect it to generate steady income, improve cash flow over time, and strengthen our overall financial position and operations. |
| Other Relevant Information |
This information is disclosed in accordance with the rules of the Securities and Exchange Commission and the Philippine Stock Exchange. |
| Name | Florence Wong |
|---|---|
| Designation | President |