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)
Aug 4, 2020
2. SEC Identification Number
159950
3. BIR Tax Identification No.
025-240-902-000
4. Exact name of issuer as specified in its charter
CROWN ASIA CHEMICALS CORPORATION
5. Province, country or other jurisdiction of incorporation
Km 33 MacArthur Hi-way Tuktukan Guiguinto Bulacan
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Metro ManilaPostal Code3015
8. Issuer's telephone number, including area code
632-3413-8032
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
611,005,000
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.
Crown Asia Chemicals Corporation CROWN
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Share Buy-Back
Background/Description of the Disclosure
Pursuant to the Corporations Share Buy-back program approved by the Board of Directors on December 5, 2018 which will be effective for the period of 2 years or until exhaustion of Php 100 Million Budget, the following shares were repurchased today from the market.
Type of Securities
Common
Preferred-
Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Aug 4, 2020
5,000
1.88
Aug 4, 2020
6,000
1.90
11,000
Effects on Number of Shares
Before
After
Outstanding Shares
611,016,000
611,005,000
Treasury Shares
19,784,000
19,795,000
Cumulative Number of Shares Purchased to Date 1
19,795,000
Total Amount Appropriated for the Buy-Back Program
Php 100,000,000.00
Total Amount of Shares Repurchased
Php 40,386,511.00
Other Relevant Information
-
1 From the date when the share buy-back program commenced.