C06850-2023

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)
Sep 8, 2023
2. SEC Identification Number
102165
3. BIR Tax Identification No.
000-803-498-000
4. Exact name of issuer as specified in its charter
Bright Kindle Resources & Investments, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
16th floor BDO Towers Valero (formerly Citibank Tower), 8741 Paseo de Roxas, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(+632) 8833-0769
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 1,528,474,000
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.

Bright Kindle Resources & Investments Inc.BKR

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Board Meeting held on September 8, 2023
Background/Description of the Disclosure

We advise that at the regular meeting of the Board of Directors of BRIGHT KINDLE RESOURCES & INVESTMENTS, INC. (the “Corporation”) held today, September 8, 2023, the Board of Directors of the Corporation approved the following:

1. Declaration of Dividends

a. Declaration of Property Dividends amounting to PhP 50,949,106.30 by distribution of 509,491,063 common shares of stock of Brightstar Holdings and Development Inc. (“BHDI”) with a par value of PhP 0.10 equivalent to PhP 50,949,106.30 in favor of BKR shareholders at an entitlement ratio of 1 BHDI common share for every three (3) common shares of BKR to all eligible shareholders of BKR, with the record date and payment date to be determined by the President and management. The record date and payment date will be announced once the mechanics of the property dividend have been approved by the Securities and Exchange Commission and Bureau of Internal Revenue.

b. Declaration of Cash Dividend of up to PhP 6,113,896.00 which is approximately 12% of the property dividend value to cover the withholding taxes and expenses of the property dividend. The cash dividend shall have the same record date and payment date as the property dividend, and will be announced once the mechanics of the property dividend have been approved by the Securities and Exchange Commission and Bureau of Internal Revenue. Stockholders not subject to Philippine withholding tax on both dividends, will receive the corresponding amount in cash, net of any expenses related to the dividends.

c. The President and management have been authorized to determine the ex-date, record date and payment date for the property and cash dividend declarations. Both dividend declarations are subject to certain approvals by relevant regulatory agencies, and will be distributed net of the applicable final tax required to be withheld by BKR and expenses.

2. Setting of the Annual Stockholders’ Meeting on November 21, 2023 with record date of September 30, 2023, subject to change by the President and management.

3. Resignation of Atty. Kenneth Peter D. Molave as Corporate Secretary, Data Privacy Officer and Compliance Officer

4. Appointments of Atty. Ana Maria A. Katigbak as Corporate Secretary and of Atty. Rommel T. Casipe as Co-Assistant Corporate Secretary, Data Privacy Officer and Compliance Officer
Other Relevant Information

PLEASE SEE ATTACHED SEC FORM 17-C.
Filed on behalf by:
Name Joanna Alecxis Manzano
Designation Legal Admin Supervisor