C05156-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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 30, 2023
2. SEC Identification Number
184228
3. BIR Tax Identification No.
000-275-291-000
4. Exact name of issuer as specified in its charter
MRC ALLIED, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor Spirit of Communications Centre 106 Carlos Palanca St. Legaspi Village Makati City Postal Code 1229
8. Issuer's telephone number, including area code
632 88467910/09178082991/09087380854
9. Former name or former address, if changed since last report
5th Floor Eurovilla 4 Bldg. 853 A Arnaiz Avenue, Legazpi Village, Makati City
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 Stock 8,512,658,975
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.

MRC Allied, Inc.MRC

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Updates on the Memorandum of Agreement (MOA) signed between MRC Allied, Inc. and Menlo Capital Corporation dated February 27, 2023.

Background/Description of the Disclosure

We write in connection with our PSE Disclosure 4-30 Material Information/Transactions dated February 27, 2023, for the Memorandum of Agreement signed with Menlo Capital Corporation and MRC Allied, Inc. and on April 28, 2023 the company disclosed the Updates on the Corporate Actions/Material Transactions/Agreements under PSE Disclosure Form 16-1.

As a further update, the Parties to the Memorandum of Agreement have decided to extend any action in pursuance thereof up to a period of six (6) months to give way to the other transaction between the parties whereby Menlo assigned and transferred to MRC the former’s Deposit for Future Subscription (DFS) in the amount of PHP130,000,000 as recorded in the books of Philippine Telegraph and Telephone Corporation (PT&T). The Deed of Assignment covering the assignment and transfer of the aforementioned Deposit for Future Subscription was separately disclosed by MRC on June 19, 2023 under PSE Form 4-30 Material Information/Transactions.

The Parties to the Memorandum of Agreement agreed to move the execution of the Term of Reference on or before the lapsed of the aforementioned six (6) month period and thereafter agree on the new date of the closing period.


Thank you.

Other Relevant Information

-

Filed on behalf by:
Name Federico Prieto
Designation Corporate Secretary