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 4, 2023
2. SEC Identification Number
A-1997-18963
3. BIR Tax Identification No.
005-011-651-000
4. Exact name of issuer as specified in its charter
Asia United Bank
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig CityPostal Code1600
8. Issuer's telephone number, including area code
(632) 8633-6888; (632) 8631-3333
9. Former name or former address, if changed since last report
n/a
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
485,310,538
11. Indicate the item numbers reported herein
item 4
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.
Asia United Bank CorporationAUB
PSE Disclosure Form 4-8 - Change in Directors and/or Officers (Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Resignation of Mr. Adolfo S. Azcuna
Background/Description of the Disclosure
Please be advised of the following: 1. Resignation of Mr. Adolfo S. Azcuna as director, who will be designated as Senior Adviser to the Board.
2. Election of Mr. Jonathan C. Ng as Director to replace Mr. Azcuna.
Mr. Jonathan C. Ng, is the Vice Chairman of the Republic Biscuit Corporation (REBISCO). Concurrent to this role, he also holds executive positions in several companies under the REBISCO Group namely: President of Suncrest Foods Incorporated, President of Multirich Foods Corporation, Chairman/President of RBC Retail Stores Corporation, Chairman/President of SFI Multimix Corporation, Chairman of Omnipack Industrial Corporation, and Director of SPI Corporation. Mr. Ng is also a stockholder of RBC Best Baker Food, Inc. and Action Republic Corporation, and a trustee of Rebisco Foundation, Inc. Morevoer, he is currently an Independent Director of Pico De Loro started 2023.
He graduated with a Bachelor of Arts degree in Management Economics from the Ateneo de Manila University.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Adolfo S. Azcuna
Director
July 4, 2023
Personal Reasons
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)