C01581-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON SHARES | 1,169,040,400 |
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Subject of the Disclosure |
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SBS to Diversify into Property Related Businesses and Investments |
Background/Description of the Disclosure |
The Board of Directors in its meeting of 28 February 2017 approved to amend the secondary purpose of its Articles of Incorporation to diversify the business of the Company to include the holding, acquiring or participating in investments in property related assets as well as shares or interests in entities involved in property related businesses as and when the appropriate opportunities arise. The diversification proposal will be submitted for shareholder approval in the forthcoming annual general meeting of the Company. |
Other Relevant Information |
None |
Name | Sabrina Adamelle Poon-Sytengco |
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Designation | Corporate Information Officer and Investor Relation Officer |