C04188-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,250,000,000 |
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Subject of the Disclosure |
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Results of the Meeting of the Board of Directors |
Background/Description of the Disclosure |
During the meeting of the Board of Directors of Suntrust Resort Holdings, Inc. (formerly Suntrust Home Developers, Inc.) (the “Company”) today, 25 May 2023, the following were approved: (i) the proposed loan transaction amounting to Six Million United States Dollars (USD6,000,000.00) between the Company and a related party, Major Success Group Limited, and (ii) the appointment of the Company’s President, Mr. Chua Ming Huat, or his duly authorized representative as the Company’s authorized signatory for the purpose. |
Other Relevant Information |
Please see attached SEC Form 17-C. |
Name | Nelileen Baxa |
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Designation | Corporate Secretary |