C07127-2020 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common | 215,284,587 | |
GTPPA | 4,839,240 | |
GTPPB | 7,160,760 |
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Subject of the Disclosure |
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PCC Resolves to Take No Further Action on Proposed Purchase of Shares in Toyota Santa Rosa, Laguna, Inc. |
Background/Description of the Disclosure |
On October 08, 2020, the Philippine Competition Commission resolved to take no further action with respect to the proposed purchase by GT Capital Auto Dealership Holdings, Inc. ("GTCAD"), a wholly-owned subsidiary of GT Capital, and Toyota Corolla Sapporo Philippines Holdings, Inc. ("TCSPHI"), a wholly-owned subsidiary of Toyota Corolla Sapporo Corporation, Ltd. (Japan), of Toyota Motor Philippines Corporation's one hundred percent (100%) stake in Toyota Santa Rosa, Laguna, Inc. ("TSR"). |
Other Relevant Information |
The relevant disclosures will be made upon signing and completion of the proposed transaction. |
Name | Karina Kirstie Paola Ayco |
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Designation | Legal and Compliance Officer |