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)
Jun 28, 2023
2. SEC Identification Number
42543
3. BIR Tax Identification No.
000-196-724
4. Exact name of issuer as specified in its charter
ASIABEST GROUP INTERNATIONAL INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Okada Manila, New Seaside Dr, Entertainment City, ParañaquePostal Code1701
8. Issuer's telephone number, including area code
(632) 88443819
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 Stock P1.00 par value
300,000,000
11. Indicate the item numbers reported herein
No. 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.
Asiabest Group International Inc.ABG
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Organizational Meeting of the Board of Directors
Background/Description of the Disclosure
After the annual meeting of the shareholders of the Corporation, the Board of Directors met for its organizational meeting.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Hajime Tokuda
Chairman
100
0
n/a
Mark Calida
Vice-Chairman
1,000
0
n/a
Kenji Sugiyama
President
100
0
n/a
Hans Van der Sande
Treasurer/CFO
14,000
0
n/a
Christine P. Base
Corporate Secretary
0
0
n/a
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Executive Committee
Kenji Sugiyama
Chairman
Executive Committee
Joemer Perez
Member
Executive Committee
Takako Okada
Member
Executive Committee
Hajime Tokuda
Member
Nomination Committee
Kenji Sugiyama
Chairman
Nomination Committee
Mark Calida
Member
Nomination Committee
Takako Okada
Member
Nomination Committee
Hajime Tokuda
Member
Nomination Committee
Kentaro Amamoto
Member
Audit Committee:
Mark Calida
Chairman
Audit Committee:
George Bernas
Member
Audit Committee:
Joemer Perez
Member
Risk and Oversight Committee
George Bernas
Chairman
Risk and Oversight Committee
Joemer Perez
Member
Risk and Oversight Committee
Byron Yip
Member
Remuneration Committee
Mark Calida
Chairman
Remuneration Committee
Kenji Sugiyama
Member
Remuneration Committee
Takako Okada
Member
Remuneration Committee
Hajime Tokuda
Member
Corporate Governance:
George Bernas
Chairman
Corporate Governance:
Kenji Sugiyama
Member
Corporate Governance:
Joemer Perez
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors