9. Former name or former address, if changed since last report
-
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
700,298,616
PREFERRED
14,366,260
11. Indicate the item numbers reported herein
Item 9 Other Events
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.
Prime Media Holdings, Inc.PRIM
PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Settlement in Civil Cases
Background/Description of the Disclosure
PLEASE SEE ATTACHED.
Name of the court or agency in which the proceedings are pending
Regional Trial Court (RTC), Court of Appeals-Manila (CA) and Supreme Court (SC).
Date Instituted
Apr 17, 2018
Docket Number
PLEASE SEE ATTACHED
Principal Parties
a. Prime Media Holdings, Inc. b. Cahirup Tembrevilla Armogenia c. South Sea Resort Hotel, Inc.
Nature and description of the legal proceedings
RTC Branch 139, Makati City Prime Media Holdings Inc. filed a Complaint for Deficiency Judgment with Ex-Parte Application for Issuance of a Writ of Preliminary Attachment against defendants Cahirup Tembrevilla Armogenia and South Sea Resorts for the deficiency in the payment of loan secured by real estate mortgages.
Petition for Certiorari under Rule 65 before the Court of Appeals Petitioners Cahirup Tembrevilla Armogenia and South Sea Resort Hotel, Inc. filed the petition which seeks to annul and set aside the Summary Judgment dated 26 July 2022 issued by RTC Branch 139 of Makati City, in the case entitled “Cahirup Tembrevilla Armogenia and South Sea Resort Hotel, Inc. vs. Prime Media Holdings, Inc.”, docketed as Civil Case No. R-MKT-18-01307-CV.
Petition for Review on Certiorari before the Supreme Court Petitioner Cahirup Tembrevilla Armogenia and South Sea Resorts filed a Petition for Review on Certiorari before the Supreme Court assailing the 28 July 2022 Decision and 30 January 2023 Resolution of the CA.
The effect(s) on the Issuer's business or operations, if any