C00309-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,250,000,000 |
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Subject of the Disclosure |
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Subsequent Announcements of Foreign Affiliates in Relation to the Transaction that Prompted the Voluntary Halt in the Trading of Their Shares on the Hong Kong Stock Exchange |
Background/Description of the Disclosure |
Suntrust Resort Holdings, Inc. (formerly Suntrust Home Developers, Inc.) (the “Company”) received information that there have been board-level and high-level officer resignations at its foreign affiliates, LET Group Holdings Limited (“LET Group”) and Summit Ascent Holdings Limited (“Summit Holdings”) (collectively, the “Foreign Affiliates”). Based on information provided, the resignations were solely due to the resigned directors’/officers’ disapproval of the transaction that prompted the voluntary halt in the trading of the shares of the Foreign Affiliates on The Stock Exchange of Hong Kong Limited (“HKEX”) which started on 11 January 2024 and is continuing as of the date of this report (the “Trading Halt”). The Company filed a disclosure on said Trading Halt with The Philippine Stock Exchange, Inc. (“PSE”) on 12 January 2024. |
Other Relevant Information |
Please see attached SEC Form 17-C. |
Name | Nelileen Baxa |
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Designation | Corporate Secretary |