C02067-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 1,821,542,000 |
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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Sale of certain assets of Solid Manila Corporation and Kita Corporation (both 100% owned by SGI) |
Background/Description of the Disclosure |
The Board of Directors of Solid Group Inc. approved the sale of certain assets of Solid Manila Corporation and Kita Corporation (both 100% owned by SGI) to AV Value Holdings Corporation. |
Other Relevant Information |
The prospective buyer, AV Value Holdings Corporation, is a holding company privately owned by the Lim family and a related party. The transaction was reviewed by the SGI Related Party Transaction Committee. |
Name | Annabella Orbe |
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Designation | VP & Chief Accounting Officer |