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 19, 2023
2. SEC Identification Number
36359
3. BIR Tax Identification No.
000-438-702-000
4. Exact name of issuer as specified in its charter
BASIC ENERGY CORPORATION
5. Province, country or other jurisdiction of incorporation
MAKATI CITY
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati CityPostal Code1229
8. Issuer's telephone number, including area code
(+632) 9917-8118
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
14,668,643,064
11. Indicate the item numbers reported herein
Item No. 9
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.
Basic Energy CorporationBSC
PSE Disclosure Form 7-1 - Notice of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and Sections 7 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
AMENDMENT 06.19.2023: Postponement of BSC ASM 2023
Schedule of Annual Stockholders Meeting for 2023
Background/Description of the Disclosure
AMENDMENT June 19, 2023: The Board in its special meeting held on June 19, 2023 at which a quorum was present and upon motion duly seconded, approved the postponement of the 2023 Annual Stockholders' Meeting (ASM) of the Corporation from July 12 to September 20, 2023 to provide the Corporation adequate time to prepare and file the Preliminary Information Statement and ensure compliance with all required reports and procedures in connection with the ASM. The record date is also accordingly set on August 30, 2023.
ORIGINAL DISCLOSURE May 25, 2023: The Board in its regular meeting held on May 25, 2023 at which a quorum was present and upon motion duly seconded approved the setting of the 2023 Annual Stockholders Meeting on July 12, 2023 (face-to-face meeting)
Type of Meeting
Annual
Special
Date of Approval by Board of Directors
Jun 19, 2023
Date of Stockholders' Meeting
Sep 20, 2023
Time
3:00 PM
Venue
TBA
Record Date
Aug 30, 2023
Agenda
PROPOSED AGENDA FOR 2023 ASM
1. Call to Order
2. Certification of Notice of Meeting and Existence of Quorum
3. Approval of Minutes of the Annual Stockholders’ Meeting held on August 31, 2022
4. Presentation of the 2022 Annual Report with highlights of the 2022 Consolidated Audited Financial Statements
5. Ratification of All Acts of the Board and Management for 2022-2023
6. Election of Directors for 2023-2024
7. Approval of the Proposed Amendments to the By-laws
8. Appointment of External Auditors for the 2023 Financial Statements
9. Other Matters
10. Adjournment
Inclusive Dates of Closing of Stock Transfer Books
Start Date
Jun 21, 2023
End Date
Jul 12, 2023
Other Relevant Information
AMENDMENT 06.19.2023 - postponing ASM of BSC from original date of July 12, 2023 to September 20, 2023 and adjusting record date to August 30, 2023. Please refer to SEC 17-C attached.