C07069-2023

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 21, 2023
2. SEC Identification Number
14812
3. BIR Tax Identification No.
000-110-888-000
4. Exact name of issuer as specified in its charter
CHEMICAL INDUSTRIES OF THE PHILIPPINES, INC.
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
CHEMPHIL BUILDING, 851 A. ARNAIZ AVENUE MAKATI CITY Postal Code 1229
8. Issuer's telephone number, including area code
(02) 8687-8877
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 STOCK P10 PAR VALUE 10,296,601
11. Indicate the item numbers reported herein
Item 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.

Chemical Industries of the Philippines, Inc.CIP

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

At the Annual Stockholders' Meeting of Chemical Industries of the Philippines, Inc. (CIP) held on 21 September 2023, the Corporation elected its Members of the Board of Directors, among others.
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
Janice Eunicia C. Roxas-Chua 1 4,494,466 Stockholder in Quantumlink Realty Corporation, Exquadra Inc., Citiworld Properties and Development Corporation, and Lavish Sources Limited
Geminesse L. Co 10 0 -
Eugenius Kevin L. Co 1 297,571 Stockholder in Quantumlink Realty Corporation, Exquadra Inc., and Citiworld Properties and Development Corporation
Sally L. Co 1 256,652 Stockholder in Quantumlink Realty Corporation and Exquadra Inc.
Macdarren G. Sy 10 0 -
Manolito Q. Montes 1 0 -
Yau Chia Yu 10 0 -
External auditor SGV & Co.
List of other material resolutions, transactions and corporate actions approved by the stockholders

At the Annual Stockholders’ Meeting held on 21 September 2023, the Stockholders approved the following resolutions:

1. Approval of Share Purchase Agreement and Deeds of Absolute Sale over One Million (1,000,000) common shares of the capital stock of Tierra Ariana Eco Land, Inc.;
2. Approval of the Amendment to the Share Purchase Agreement on 11 August 2023 over One Million (1,000,000) Common Shares of the Capital Stock of Tierra Ariana;
3. Approval of the Accession Agreement with BPI for the Omnibus Loan and Security Agreement;
4. Approval of Internal Restructuring Involving Merger with Seven (7) Companies, with Company as Surviving Entity;
5. Increase in Authorized Capital Stock to Two Billion Pesos (PHP 2,000,000,000);
6. Amendment of Seventh Article of the Articles of Incorporation to Reflect the Increase in Authorized Capital Stock and the Denial of Preemptive Rights;
7. Amendment of Fourth Article of the Articles of Incorporation to Further Expand Purpose as an Investment Holding Company;
8. Approval for the Issuance of Primary Common Shares to Such Number of Investors to be Determined by the Board of Directors, and the Delegation of Authority to the Board of Directors to Negotiate and Determine the Terms and Conditions of the Issuance, and to Engage the Services of Arrangers, Advisors, Legal Counsel, and Other Agents as may be Necessary, Proper, or Desirable for the Transaction, and the Approval for the Listing of the Common Shares with the PSE;
9. Waiver of the Requirement to Conduct a Rights or Public Offer in the Event that the Holder of the Common Shares will Result in the Issuance of At Least 10% of the Company’s Total Issued and Outstanding Shares, Pursuant to Article V Part A of the PSE Revised Listing Rules; and
10. Delegation of Authority to the Board of Directors to Amend By-Laws

The following were likewise approved by the Stockholders during the Annual Stockholders' Meeting:

1. Approval of Minutes of Previous Meetings;
2. Ratification of certain Board Approvals and Management Actions adopted by the Board and Management from the last shareholders’ meeting up to the present;
3. Approval of 2022 Annual Report and Audited Financial Statements;
4. Authorizing the Corporation to Open an Account with BDO Unibank Inc.; and
5. Appointment of Sycip, Gorres, Velayo and Company as the External Auditor of the Corporation
Other Relevant Information

Messrs. Sy, Montes and Yu were elected as independent directors of the Corporation.
Filed on behalf by:
Name Nancy Ocampo-Omadto
Designation Compliance Officer