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)
May 25, 2021
2. SEC Identification Number
39745
3. BIR Tax Identification No.
002-837-461
4. Exact name of issuer as specified in its charter
CROWN EQUITIES, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Crown Center, 158 Jupiter cor. N. Garcia Sts., Makati CityPostal Code1209
8. Issuer's telephone number, including area code
(632) 8899-0081, (632) 8899-0455
9. Former name or former address, if changed since last report
Not Applicable
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
14,959,999,950
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.
Crown Equities, Inc.CEI
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Organizational Meeting of the Board of Directors of Crown Equities, Inc. held today, May 25, 2021, via Remote Communication (Microsoft Teams)
Background/Description of the Disclosure
Ladies and Gentlemen:
In the Organizational Meeting of the Board of Directors of Crown Equities, Inc. (CEI) held today, May 25, 2021, via Remote Communication (Microsoft Teams), the corporate officers and Board Committee members were appointed.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
George L. Go
Chairman and Chief Audit Executive
17,695,880
756,942,500
N/A
Wilfrido V. Vergara
Vice Chairman
2,297,600
22,536,000
N/A
Romuald U. Dy Tang
President
10,292,000
76,700,000
N/A
Rodolfo B. Fernandez
Lead Independent Director
88
0
N/A
Patrick D. Go
Treasurer and Chief Compliance Officer
18,623,000
181,412,000
N/A
Eugene B. Macalalag
First Vice President and Investors Relations Officer
11,940,088
6,800,000
N/A
Christopher Brian C. Dy
Assistant Vice President for Real Estate Subsidiaries & Operations and Chief Risk Officer
22,000
0
N/A
Elmer B. Serrano
Corporate Secretary
0
0
N/A
Phil Ivan A. Chan
Assistant Corporate Secretary
0
0
N/A
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Executive Committee
Wilfrido V. Vergara
Chairman
Executive Committee
George L. Go
Member
Executive Committee
Romuald U. Dy Tang
Member
Nominations Committee
George L. Go
Chairman
Nominations Committee
Wilfrido V. Vergara
Member
Nominations Committee
Romuald U. Dy Tang
Member
Nominations Committee
Ramon A. Recto
Member
Compensation and Remuneration Committee
Wilfrido V. Vergara
Chairman
Compensation and Remuneration Committee
George L. Go
Member
Compensation and Remuneration Committee
Romuald U. Dy Tang
Member
Compensation and Remuneration Committee
Emilio S. De Quiros, Jr.
Member
Audit Committee
Conrado G. Marty
Chairman
Audit Committee
Ramon A. Recto
Member
Audit Committee
Rodolfo B. Fernandez
Member
Corporate Governance Committee
Rodolfo B. Fernandez
Chairman
Corporate Governance Committee
Ramon A. Recto
Member
Corporate Governance Committee
Reynaldo V. Reyes
Member
Board Risk Oversight Committee
Emilio S. De Quiros, Jr.
Chairman
Board Risk Oversight Committee
Rodolfo B. Fernandez
Member
Board Risk Oversight Committee
Nixon Y. Lim
Member
Related Party Transaction Committee
Nixon Y. Lim
Chairman
Related Party Transaction Committee
Reynaldo V. Reyes
Member
Related Party Transaction Committee
Emilio S. De Quiros, Jr.
Member
Investment Committee
Wilfrido V. Vergara
Chairman
Investment Committee
George L. Go
Member
Investment Committee
Romuald U. Dy Tang
Member
Investment Committee
Emilio S. De Quiros, Jr.
Member
Investment Committee
Reynaldo V. Reyes
Member
Investment Committee
Nixon Y. Lim
Member
Investment Committee
Eugene B. Macalalag
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Appointment of Rodolfo B. Fernandez as Lead Independent Director.