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)
Jul 5, 2021
2. SEC Identification Number
PW-02
3. BIR Tax Identification No.
000-103-216-000
4. Exact name of issuer as specified in its charter
A. SORIANO CORPORATION
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, Pacific Star Building, Makati Avenue, Makati CityPostal Code1209
8. Issuer's telephone number, including area code
(632) 8819-0251
9. Former name or former address, if changed since last report
-
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 of Stock
2,500,000,000
11. Indicate the item numbers reported herein
-
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.
A. Soriano CorporationANS
PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amended Articles of Incorporation of A. Soriano Corporation
Background/Description of the Disclosure
On June 14, 2021, the Securities and Exchange Commission (SEC) approved the Amended Articles of Incorporation of A. Soriano Corporation ("Anscor"), which we received today, July 5, 2021. The application for Amended Articles of Incorporation was filed with the SEC on September 1, 2020.
Anscor's Amended Articles of Incorporation was previously approved by the Board of Directors on February 19, 2020 and by the Stockholders on June 17, 2020.
Date of Approval by Board of Directors
Feb 19, 2020
Date of Approval by Stockholders
Jun 17, 2020
Other Relevant Regulatory Agency, if applicable
-
Date of Approval by Relevant Regulatory Agency, if applicable
Jun 14, 2021
Date of Approval by Securities and Exchange Commission
Jun 14, 2021
Date of Receipt of SEC approval
Jul 5, 2021
Amendment(s)
Article No.
From
To
Article IX
Please see attached.
Please see attached.
Article XIII
Please see attached
Please see attached
Rationale for the amendment(s)
1. To reclassify Five Million (5,000,000) common shares with par value of One Peso (P1.00) per share or a total par value of Five Million Pesos (P5,000,000.00) into Five Hundred Million (500,000,000) preferred shares with par value of One Centavo (P0.01) per share or a total par value of Five Million Pesos (P5,000,000.00). 2. To indicate the features of the preferred shares. 3. To state that shareholders shall have no pre-emptive rights in shares of stock issued by the Corporation. 4. To indicate that the two-thirds (2/3) vote of the stockholders required for any amendment of the Articles of Incorporation applies to all the outstanding shares of stock of the Corporation.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
Sep 1, 2020
Expected date of SEC approval of the Amended Articles of Incorporation
Jun 14, 2021
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any