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)
Jan 23, 2024
2. SEC Identification Number
CS200321240
3. BIR Tax Identification No.
227-599-320-000
4. Exact name of issuer as specified in its charter
CEBU LANDMASTERS, INC.
5. Province, country or other jurisdiction of incorporation
CEBU CITY, CEBU, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10TH FLOOR, PARK CENTRALE TOWER, JOSE MA. DEL MAR ST., CEBU I.T. PARK, BRGY. APAS, CEBU CITY, PHILIPPINESPostal Code6000
8. Issuer's telephone number, including area code
(032) 231-4870
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 SHARES
3,465,201,467
11. Indicate the item numbers reported herein
ITEM 9 (OTHER MATTERS)
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.
Cebu Landmasters, Inc.CLI
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
SEC issues Certificate of Filing of Enabling Resolution for CLI Series “A” Preferred Shares
Background/Description of the Disclosure
Notice is hereby given to The Philippine Stock Exchange, Inc. (“PSE” or the “Exchange”), the Philippine Dealing & Exchange Corp. (“PDEx”), and the public that on 23 January 2024 leading VisMin developer Cebu Landmasters, Inc. (“CLI” or the “Company”) received from the Securities and Exchange Commission (“SEC”) the Certificate of Filing of Enabling Resolution dated 22 January 2024 approving CLI’s Enabling Resolution in relation to its follow-on offering of up to 3,000,000 Series “A” Preferred Shares with an oversubscription option of up to 2,000,000 Series “A” Preferred Shares at an offer price of Php 1,000 per share (the “Offer Shares”).
The Offer Shares which are redeemable starting on the 4th anniversary of the issue date, or on any Dividend Payment Date thereafter, will be denominated as Series A-1 Preferred Shares, while those which are redeemable starting on the 7th anniversary of the issue date, or on any Dividend Payment Date thereafter, will be denominated as Series A-2 Preferred Shares. The Enabling Resolution approved by the CLI Board of Directors on January 08, 2024 was filed with the SEC pursuant to Section 6 of the Revised Corporation Code of the Philippines.