9. Former name or former address, if changed since last report
UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi 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 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 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
UPDATE/AMENDMENT 10.11.2023 - Amending figures pertaining to shareholding of Dir. Ramon L. Mapa
Results of Basic Energy Corporation's Annual Stockholders Meeting - 20 September 2023
Background/Description of the Disclosure
UPDATE/AMENDMENT 10.11.2923 - Amending/Correcting the figures indicated under the indirect shareholdings of Dir. Ramon L. Mapa; figure provided is prior to BSC share transactions disclosed for the month of July (CR05461-2023; CR05580-2023; CR05643-2023)
In the Annual Stockholders Meeting of the corporation held on September 20, 2023, the following were approved, confirmed, and ratified by the stockholders representing 76.51% of the outstanding and subscribed shares as follows:
1. Minutes of the Meeting of the 2022 Annual Stockholders Meeting held on August 31, 2022
2. President's Report with highlights of the 2022 Consolidated Audited Financial Statements
3. All acts of the Board of Directors and Management during the term 2022-2023
4. Amendment of the Amended By-Laws of the Corporation pertaining to - Article I Sections 1 to 6; Article II Sections 1, 5, 6, 8 and 9; Article II Section 11; Article II-A Sections 1 to 6; Article III Sections 1 and 11; Article III Section 13; Article V Sections 1 and 2; Article VII and Article X;
5. Appointment of Reyes Tacandong & Co. as the external auditors for the 2023 Financial Statements of the Company and appointment of Mr. Joseph C. Bilangbilin and Mr. Manuel P. Buensuceso as the engagement partners.
6. Election of the members of Board of Directors 2023-2024 as follows:
1. Ramon F. Villavicencio 2. Manuel Z. Gonzalez 3. Ramon L. Mapa 4. Oscar L. De Venecia Jr. 5. Beatrice Jane L. Ang 6. Maria Rosette Geraldine L. Oquias 7. Jaime J. Martirez 8. Luisito V. Poblete 9. Kim S. Jacinto-Henares (Independent Director) 10. Andres B. Reyes Jr. (Independent Director)
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
RAMON F. VILLAVICENCIO
10,000
0
not applicable
MANUEL Z. GONZALEZ
1
0
not applicable
RAMON L. MAPA
268,311
14,574,249
LODGED WITH BROKER
OSCAR L. DE VENECIA JR.
200,000
45,681,330
LODGED WITH BROKER
BEATRICE JANE L. ANG
1,000
150,944,248
LODGED WITH BROKER
MARIA ROSETTE GERALDINE L. OQUIAS
1
0
not applicable
JAIME J. MARTIREZ
1
467,499,999
LODGED WITH BROKER
LUISITO V. POBLETE
10,000
0
not applicable
KIM S. JACINTO-HENARES
1
0
not applicable
ANDRES B. REYES JR.
10,000
0
not applicable
External auditor
Reyes Tacandong & Co
List of other material resolutions, transactions and corporate actions approved by the stockholders
the following other material resolutions were approved, confirmed, and ratified by the stockholders representing 76.51% of the outstanding and subscribed shares as follows:
1. Minutes of the Meeting of the 2022 Annual Stockholders Meeting held on August 31, 2022
2. President's Report with highlights of the 2022 Consolidated Audited Financial Statements
3. All acts of the Board of Directors and Management during the term 2022-2023
4. Amendment of the Amended By-Laws of the Corporation pertaining to - Article I Sections 1 to 6; Article II Sections 1, 5, 6, 8 and 9; Article II Section 11; Article II-A Sections 1 to 6; Article III Sections 1 and 11; Article III Section 13; Article V Sections 1 and 2; Article VII and Article X;