1. Exact Name of Subject Company as Specified in its Charter
Steniel Manufacturing Corporation
a. Address of Principal Offices
Gateway Business Park, Brgy. Javalera, General Trias, CavitePostal Code4107
b. SEC Identification Number
237736
c. Industry Classification Code(SEC Use Only)
d. BIR Tax Identification No.
000-099-128
2. Name of Bidder
Greenkraft Corporation; Golden Bales Corporation; Corbox Corporation; Rex Chua; and Clement Chua
a. Address of Bidder
W. NG Bldg., McArthur Highway cor. Rovimar St. Brgy. Balibago, Angeles City, Pampanga; Km. 14 After Pandacan Sub-Station, Panacan Davao City; Purok Gemelina, Tayud, Liloan, Cebu; 35 Iznart St., IloiloPostal Code-
3. Title or Class of Securities Subject to Tender Offer
STN
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.
Steniel Manufacturing CorporationSTN
PSE Disclosure Form 17-16 - Tender Offer Report Reference: SRC Rule 19
Basic Terms and Conditions
Tender Offer Shares
279,151,088
Tender Offer Price/Consideration
0.1
Entitlement
-
Start of Tender Offer Period
Oct 12, 2020
End of Tender Offer Period
Nov 10, 2020
Closing Date
Nov 23, 2020
Cross Date
N/A
Settlement Date
Nov 20, 2020
Contact Details for Inquiries on Tender Offer
Mr. Stanley A. Ang - +63(2) 8840 7080
Results of Tender Offer
A total of 11,780,533 common shares in Steniel Manufacturing Corporation (the "Corporation") were tendered by the Corporation's stockholders and accepted by the bidders during the tender offer period. This represents approximately 1.18% of the Corporation's total issued and outstanding shares. The Certification as to the results of the tender offer issued by BDO Securties Corporation is attached as Exhibit A to the Final Tender Offer Report.
Other Relevant Information
Please be advised that Steniel Manufacturing Corporation (the "Corporation") received today the attached Final Tender Offer Report. This disclosure was amended to include said Final Tender Offer Report and the Results of the Tender Offer, and to change the Cross Date from "TBA" to "N/A".