C07869-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON | 3,003,302,538 |
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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Closure and Dissolution of APO Subsidiary, Vulcan Material Corporation (VMC) |
Background/Description of the Disclosure |
At the Special Board Meeting of Anglo Philippine Holdings Corporation (APO) held today, November 07, 2023, at which a quorum was present for the valid conduct of business, the Chairman informed the Board that he received a letter from the President of Vulcan Materials Corporation, a subsidiary of APO, informing the Board of VMC management’s proposal for the immediate closure and dissolution of VMC effective November 15, 2023, and further notifying APO of VMC’s special stockholders’ meeting called for the purpose to be held on November 8, 2023. After discussion, the Board resolved that the Corporation, as the majority stockholder of VMC, shall vote in favor of VMC's closure and dissolution at the special stockholders' meeting. |
Other Relevant Information |
Please see attached APO SEC Form 17-C. |
Name | Iris Marie Carpio-Duque |
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Designation | Corporate Secretary |