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)
Jun 13, 2023
2. SEC Identification Number
152661
3. BIR Tax Identification No.
000-444-840
4. Exact name of issuer as specified in its charter
City & Land Developers, Incorporated
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Cityland Condominium 10 Tower I, 156 H.V. Dela Costa Street, Makati CityPostal Code1226
8. Issuer's telephone number, including area code
02-88936060
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
Unclassified common shares
1,503,374,202
11. Indicate the item numbers reported herein
Item no. 4 - Election of the Board of Directors and Item no. 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.
City & Land Developers, IncorporatedLAND
PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of Annual Stockholders' Meeting
Background/Description of the Disclosure
Results of Annual Stockholders' Meeting held today, June 13, 2023
List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
1) Andrew I. Liuson
8,079,937
10,931,340
Shares held by corporations of which such person is a controlling stockholder.
2) Grace C. Liuson
7,073,964
0
N.A.
3) Helen C. Roxas
150,324
0
N.A.
4) Benjamin I. Liuson
1,180,253
0
N.A.
5) Josef C. Gohoc
3,154,489
508,598
Shares held by a member of as person's immediate family sharing the same household.
6) Jefferson C. Roxas
6,348,705
0
N.A.
7) Cesar EA Virata (Independent Director)
103,467
0
N.A.
8) Peter S. Dee (Independent Director)
2,216,394
0
N.A.
9) Emma A. Choa
158,247
309,243
Shares held by members of a person's immediate family sharing the same household.
External auditor
SyCip Gorres Velayo & Co ( SGV & Co)
List of other material resolutions, transactions and corporate actions approved by the stockholders
The Following other matters were also approved during the Annual Stockholders' Meeting: 1) Minutes of the Previous Annual Stockholders' Meeting held on June 14, 2022; 2) The President's Report; 3) Reappointment of SyCip Gorres Velayo & Co. (SGV & Co.) as the Company's external auditor for the year 2023; 4) Confirmation of all acts of the Board of Directors for the period January 01, 2022 to December 31, 2022 adopted in the ordinary course of business; and 5) The stockholders representing at least 2/3 of the outstanding shares approved and ratified the declaration of Five percent (5%) stock dividends to stockholders of record as of July 13, 2023 to be distributed on August 08, 2023. The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained earnings of the Company as of December 31, 2022. No fractional shares will be issued therein.