C06622-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
Aug 25, 2023
2. SEC Identification Number
25160
3. BIR Tax Identification No.
000-189-138-000
4. Exact name of issuer as specified in its charter
MILLENNIUM GLOBAL HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lot 9 Block 2 John Street, Multinational Village, Paranaque City Postal Code 1708
8. Issuer's telephone number, including area code
(632) 8551-2575
9. Former name or former address, if changed since last report
N/A
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 shares 2,369,684,619
11. Indicate the item numbers reported herein
Items 4 and 9

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.

Millennium Global Holdings, Inc.MG

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Annual Stockholders' Meeting
Background/Description of the Disclosure

Please be informed that MILLENNIUM GLOBAL HOLDINGS, INC. (the “Corporation”) held today, August 25, 2023, its regular annual stockholders’ meeting through remote communication/online using Zoom.

The directors present were as follows:

• Mr. Yang Chi Jen (a.k.a. Michael Yang)
• Atty. Ernesto S. Go
• Ms. Amelia T. Tan
• Ms. Aracelli G. Co
• Ms. Yeh Hsiu-Yin
• Mr. Willy O. Dizon
• Mr. Hsien-Tzu Yang
• Ms. Nancy T. Golpeo
• Ms. Maria Soledad C. Lim
• Ms. Maria Luisa T. Wu (independent)
• Ms. Cristina Hiltrude L. Aganon (independent)

The Chairman/ President and CEO, Mr. Yang Chi Jen, called the meeting into order. Director Amelia T. Tan acted as co-chairman. The Corporate Secretary, Atty. Lyra Gracia Y. Lipae-Fabella, certified that the Notice of the Annual Stockholders’ Meeting and the Definitive Information Statement were duly sent to the stockholders of record and that a quorum existed for the meeting at hand. The stockholders registered an attendance of 1,219,437,588 common shares representing 51.46% of the 2,369,684,619 total issued and outstanding common shares.

The Minutes of the previous annual stockholders’ meeting on December 7, 2022 were made available to the stockholders together with the Definitive Information Statement and Annual Report which contained the Audited Financial Statements ending December 31, 2022.

Special Asst. to the President, Mr. Edward Co, reported the highlights of the previous year’s operations until the first half of 2023. He noted that 2022 gave rise to new hopes and great optimism, from the full opening up of the entire country from the COVID-19 pandemic restrictions to the successful election of the new set of elected leaders for our government. He reported that subsidiary Millennium Ocean Star Corporation’s (“MOSC”) Naga, Cebu plant which suffered major damages from typhoon Odette has been repaired and is now operating normally. However, the Palawan plant has yet to be fully restored. The repair works are still ongoing. The rest of the plants in Zamboanga, Estancia-Ilo-ilo, Catbalogan, Cavite and Camsur Canning are operating normally. He discussed that the procurement of raw materials remains the priority, as market competition is getting stiffer year-on-year. Topping the list are octopus, bay scallop, squid, abalone, cuttlefish, and black tiger prawn. MOSC also produced a good volume of value-added items, like, octopus slice ‘n’ cut and boiled-whole, giant squid bar cut. He further explained that the export sales were steady in 2022 vis-a-vis 2021. But during the 1st half of 2023, there was a down-trend in volume sales for octopus and black tiger prawn, as pressures from international market competition brought down export prices, resulting in the over-stocking of product inventories by buyers overseas. However, a stronger performance in local sales has been observed. He further noted that in 2022, international freight costs were at their highest, but by the last quarter of the same year they started to drop, and they continue to be lowered through the 1st half of this year. However, local/domestic freight expenses continue to be an area of concern. Mr. Co. ended the report by stressing that as always, the Corporation strives and perseveres to whatever challenges come its way, with a firm resolve to overcome them. With good government support, among others, the Corporation expects to be able to ride out the current global economic headwinds, and fervently hopes to enjoy a more vibrant economic scenario soon.

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List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Yang Chi Jen (a.k.a. Michael Yang) 505,000,000 371,091,130 Lodged with PCD Nominee Corp.
Ernesto S. Go 1,000 0 N/A
Amelia T. Tan 0 10,000 Lodged with PCD Nominee Corp.
Aracelli G. Co 0 10,000 Lodged with PCD Nominee Corp.
Yeh Hsiu-Yin 100,000 5,000 Lodged with PCD Nominee Corp.
Hsien-Tzu Yang 1,000 0 N/A
Willy O. Dizon 3,501,000 0 N/A
Maria Soledad C. Lim 1,000 0 N/A
Nancy T. Golpeo 1,000 0 N/A
Maria Luisa T. Wu (independent) 0 10,000 Lodged with PCD Nominee Corp.
Cristina Hiltrude L. Aganon (independent) 0 10,000 Lodged with PCD Nominee Corp.
External auditor Valdes Abad & Company
List of other material resolutions, transactions and corporate actions approved by the stockholders

On the said meeting, the following matters were approved and/or ratified by the stockholders:

1. Minutes of the previous Annual Stockholders’ Meeting held on December 7, 2022;

2. Audited Financial Statements for the calendar year ended December 31, 2022, as contained in the Annual Report;

3. All prior acts and proceedings of the Board of Directors, Corporate Officers and Management; and

4. Appointment of Valdes Abad & Company as External Auditor for the calendar year 2023

For each of the items above, 1,219,437,588 votes were cast IN FAVOR, 0 for AGAINST and 0 for ABSTAIN.
Other Relevant Information

Please see attachment.
Filed on behalf by:
Name Lyra Gracia Lipae-Fabella
Designation Corporate Secretary