C05990-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 1,821,542,000 |
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.
Subject of the Disclosure |
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Reversal of the Deposit for Future Stock Subscription in MySolid Technologies & Devices Corporation (MySolid) |
Background/Description of the Disclosure |
We advise that at its meeting today, August 3, 2023, the Board of Directors of Solid Group Inc. (SGI) approved the reversal of the Deposit for Future Stock Subscription in MySolid amounting to Php100 million and its recording back to cash advance. The said cash advance will be paid and settled in cash by MySolid to SGI. |
Other Relevant Information |
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Name | Josephine Santiago |
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Designation | VP & Chief Information Officer |