Please be advised that the change in stock symbol of AC Energy Philippines, Inc. from "ACEPH" to "ACEN" will be reflected on the PSE systems effective on Friday, August 14, 2020.
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)
Aug 6, 2020
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
AC Energy Philippines, Inc.
5. Province, country or other jurisdiction of incorporation
9. Former name or former address, if changed since last report
N/A
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 Shares
7,507,274,922
Amount of Debt Outstanding 1Q 2020 (in billions)
28.65
11. Indicate the item numbers reported herein
N/A
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.
AC Energy Philippines, Inc.ACEPH
PSE Disclosure Form 4-7 - Change in Corporate Name and/or Stock Symbol References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Change in the corporate name of the Company
Background/Description of the Disclosure
Please be informed that during the regular board meeting held on 18 March 2020, the Board of Directors of the Company approved the change in the corporate name of the Company from "AC Energy Philippines, Inc." to "AC Energy Corporation". During the Annual Stockholders' Meeting held on 20 April 2020, the stockholders approved and adopted the same.
As of this disclosure, only the stock symbol of the Company is to be changed from "ACEPH" to "ACEN". The change of corporate name from "AC Energy Philippines, Inc." to "AC Energy Corporation" is still subject to the approval of the Securities and Exchange Commission.
Date of Approval by Board of Directors
Mar 18, 2020
Date of Approval by Stockholders
Apr 20, 2020
Date of Approval by Securities and Exchange Commission
TBA
Previous Corporate Name
AC Energy Philippines, Inc.
Previous Stock Symbol
ACEPH
New Corporate Name
AC Energy Corporation
New Stock Symbol
ACEN
Procedure(s) for updating stock certificates
Details of Stock Transfer Agent
Name
BPI Stock Transfer Office
Address
3/F BPI Buendia Center, 372 Senator Gil Puyat Avenue, Makati City 1209
Contact Person
Sandra M. Pongol, Janie Mae P. Elideros
Inclusive dates when the old stock certificates can be replaced
Start Date
TBA
End Date
TBA
Documentary requirements
Individual Shareholders
a. Submit the following documents to the Company’s stock transfer agent:
(i) Letter of Request to change old stock certificate(s) addressed to:
BPI Stock Transfer Office Address: 3/F BPI Buendia Center, 372 Senator Gil Puyat Avenue, Makati City 1209 Tel. Nos.: (632) 8580-4695
(ii) PHEN or ACEPH stock certificates for replacement; and
(iii) Original and photocopies of two (2) valid identification cards bearing the stockholder’s photograph and specimen signature; at least one should be a government-issued ID.
b. The new stock certificate(s) may be released to the stockholder or to a duly authorized representative. In addition to the documents listed under item (a) above, the representative should submit the following:
(i) Letter of Authorization; and
(ii) Original and photocopies of two (2) valid identification cards bearing the representative’s photograph and specimen signature; at least one should be a government-issued ID.
Corporate Shareholders
Submit the following documents to the Company’s stock transfer agent:
a. Letter of Request to change old stock certificate(s);
b. PHEN or ACEPH stock certificates for replacement;
c. Original copy of a duly notarized Secretary’s Certificate naming the corporate stockholder’s authorized representative/s and bearing such representative(s)’s specimen signature/s;
d. Original and photocopies of two (2) valid identification cards bearing the representative’s photograph and specimen signature; at least one should be a government-issued ID; and
e. Photocopies of the corporate stockholder’s Articles of Incorporation, By-Laws, latest General Information Sheet duly received by the SEC.
Date of availability of new stock certificates
TBA
Procedures in case of lost stock certificates
a. The registered owner of certificates of stock in the Company or his legal representative shall file an affidavit in triplicate with the Company describing the:
(i) Circumstances as to how, when and where said certificates were lost, stolen or destroyed;
(ii) Number of shares represented by each certificate; and
(iii) Serial numbers of the certificates.
He or she shall also submit such other information and evidence as he may deem necessary.
b. After verifying the affidavit and other information and evidence with the books of the Corporation, and making such other inquiries it deems proper or necessary, the Company shall publish a notice, in a newspaper of general circulation in the Philippines published in the place where the Company has its principal office, once a week for three (3) consecutive weeks at the expense of the registered owner of the certificates of stock which have been lost, stolen or destroyed. The notice shall state the name of the Company, the name of the registered owner, the serial numbers of said certificates, and the number of shares represented by each certificate. If no contest has been presented to the Company regarding the said stock certificates within one (1) year from the date of the last publication, the right to make such contest shall be barred and the Company shall cancel in its books the certificates of stock which have been lost, stolen or destroyed. New stock certificates shall be issued, unless the registered owner files a bond or other security in lieu thereof as may be required running for a period of one (1) year for a sum and in such form and with such sureties as may be satisfactory to the Board of Directors, in which case a new certificate may be issued even before the expiration of the one (1) year period herein; Provided, that if a contest has been presented to the Company or if an action is pending in court regarding the ownership of said certificates of stock which have been lost, stolen or destroyed, the issuance of the new certificates of stock in lieu thereof shall be suspended until final decision by the court regarding the ownership of said certificates of stock.
AC Energy Philippines, Inc.ACEPH