C00540-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,351,929,996 |
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Subject of the Disclosure |
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Update on Land Cases. |
Background/Description of the Disclosure |
On January 30, 2024, after the lapse of the fifteen (15) day mandatory period, without any party filing any Motion for Reconsideration, the Department of Agrarian Reform (DAR) issued the Certificate of Finality of even date. In the said Certification, the DAR attested that the Consolidated Order it issued on December 29, 2023 (hereafter, the “Consolidated Order”), by operation of law, had become final and executory on January 27, 2024. Accordingly, the DAR-Bureau of Agrarian Legal Assistance (DAR-BALA) was directed to immediately transmit the entire case folder to the DAR Regional Office for execution avoiding any unnecessary delay, citing DAR Administrative Order No. 5, Series of 2017 in relation to Section 16 of Republic Act No. 6657, there being no legal impediment for its execution. |
Other Relevant Information |
Please see attached. |
Name | Melchor Manalo |
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Designation | Assistant Corporate Secretary/ Compliance Officer/ Corporate Information Officer and Investment Relations Officer |