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)

Oct 18, 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., Legazpi 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

5/F Eurovilla 4 Bldg. 853 A Arnaiz 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 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 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Approval of the Securities and Exchange Commission ("SEC") for the Company's amendment of the Seventh Article of the Articles of Incorporation
Background/Description of the Disclosure
The Securities and Exchange Commission has approved the Application of the company’s Amended Articles of Incorporation dated October 17, 2023, and received by the company today, 18 October 2023. The said amendment was approved by the Board of Directors on April 25, 2023 and by the Stockholders on July 12, 2023.

Date of Approval by Board of Directors	Apr 25, 2023
Date of Approval by Stockholders	Jul 12, 2023
Other Relevant Regulatory Agency, if applicable	Securities and Exchange Commission (SEC)
Date of Approval by Relevant Regulatory Agency, if applicable	Oct 17, 2023
Date of Approval by Securities and Exchange Commission	Oct 17, 2023
Date of Receipt of SEC approval	Oct 18, 2023

Amendment(s)

Article No.	From	To
Seventh	That the capital stock of the Corporation is One Billion Five Hundred Million Pesos (Php1,500,000,000.00) Philippine Currency, and said capital stock is divided into Fifteen Billion (15,000,000,000) shares with par value of Ten Centavos (Php0.10) per share	That the capital stock of the Corporation is One Billion Five Hundred Million Pesos (Php1,500,000,000.00) Philippine Currency, and said capital stock is divided into One Billion Five Hundred Million(1,500,000,000,000) shares with par value of One Peso (Php1.00) per share

Rationale for the amendment(s)
The rationale of the increase in par value is to reduce the company’s total issued and outstanding shares to a level more appropriate to the industry. To encourage the participation of institutional investors.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	Jul 19, 2023
Expected date of SEC approval of the Amended Articles of Incorporation	Oct 18, 2023

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The amendment for the increase in par value will help to encourage institutional investors.
Other Relevant Information
This disclosure is being amended to reflect the date of approval by the Securities and Exchange Commission (SEC) and the date of receipt thereof by the Company. Please see attached Amended Articles of Incorporation as approved by the SEC.