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)
Feb 14, 2021
2. SEC Identification Number
CS200716094
3. BIR Tax Identification No.
006-895-049-000
4. Exact name of issuer as specified in its charter
Converge Information and Communications Technology Solutions, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
New Street Building, Mc Arthur Highway, Balibago, Angeles City, PampangaPostal Code2009
8. Issuer's telephone number, including area code
(02) 8667-0888
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 Shares
7,526,294,461
11. Indicate the item numbers reported herein
Item 9. Other events
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.
Converge Information and Communications Technology Solutions, Inc.CNVRG
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Reports
Source
Philippine Daily Inquirer and Bilyonaryo
Subject of News Report
“Musk’s SpaceX, Uy’s Converge ICT in talks for PH broadband satellite venture” (Feb 14); “Super fiber friends! SpaceX’s Elon Musk ties up with Converge’s Dennis Anthony Uy broadband deal” (Feb 13)
Date of Publication
Feb 13, 2021
Clarification of News Report
This refers to the news reports, “Musk’s SpaceX, Uy’s Converge ICT in talks for PH broadband satellite venture” by the Philippine Daily Inquirer and “Super fiber friends! SpaceX’s Elon Musk ties up with Converge’s Dennis Anthony Uy broadband deal” by Bilyonaryo, published over the weekend.
Converge Information Communications Technology Solutions Inc. (PSE: CNVRG) wishes to clarify that the Company is always looking for new technologies to bring high-speed internet services to the broadest number of Filipinos.
The latest satellite technologies, including that of Space Exploration Technologies Corp. (SpaceX), are among those new technologies being explored by Converge to bring high-speed broadband to far-flung areas in the country.
However, it is still very premature to talk about a possible partnership between Converge and SpaceX at this stage as suggested in the abovementioned news reports.
Converge assures the Exchange and its investors that it will promptly make the necessary disclosures should there be any material developments in its exploratory talks with possible partners.