C06932-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common shares | 2,369,684,619 |
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 |
---|
Foreign Ownership Limit Updated to 40% |
Background/Description of the Disclosure |
Please be informed that MILLENNIUM GLOBAL HOLDINGS, INC. (the “Corporation”) has updated its foreign ownership restriction from “no limit” to “40%” in view of the authority provided by the primary purpose of its Amended Articles of Incorporation allowing the Corporation to “acquire and own xxx real or personal property of every kind and description”. This is in harmony with the mandate of the 1987 Philippine Constitution and related laws that ownership of private lands is limited to 40% foreign equity. |
Other Relevant Information |
None. |
Name | Lyra Gracia Lipae-Fabella |
---|---|
Designation | Corporate Secretary |