Mabuhay Vinyl : Change in Directors and/or Officers (Resignation, Removal or Appointment, Election and/or Promotion)
July 21, 2022 at 07:34 pm EDT
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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) Jul 21, 20222. SEC Identification Number PW000002163. BIR Tax Identification No. 000-164-009-0004. Exact name of issuer as specified in its charter Mabuhay Vinyl Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 22F The Salcedo Towers, 169, H.V. Dela Costa Street, Salcedo Village, Barangay Bel-Air, Makati CityPostal Code12278. Issuer's telephone number, including area code (632) 8817-89719. Former name or former address, if changed since last report 3rd Floor, Philamlife Building, 126 L.P. Leviste St., Salcedo Village, Makati City10. 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
661,309,398
11. Indicate the item numbers reported herein Item No. 4
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.
Mabuhay Vinyl CorporationMVC
PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Acceptance of Resignation of Dr. Juliano and Mr. Migriño and election of Messrs. Ramon J. Abejuela and Francis J. Kong to serve the unexpired terms of Dr. Jose O. Juliano and Mr. Renato M. Migriño, respectively, as endorsed by the Nomination Committee.
Background/Description of the Disclosure
The Board of Directors (Board) of MABUHAY VINYL CORPORATION in its regular meeting today, 21 July 2022, accepted with regrets the resignation of Dr. Jose O. Juliano and Mr. Renato M. Migriño as Independent Directors effective 31 July 2022. The Board expressed utmost gratitude for the long and dedicated service of Dr. Juliano and Mr. Migriño.
In the same meeting, upon endorsement by the Nomination Committee, the Board duly elected as Independent Directors Mr. Ramon J. Abejuela and Mr. Francis J. Kong, effective 1 August 2022, to serve the unexpired portion of Dr. Juliano's and Mr. Migriño's term of office.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Dr. Jose O. Juliano
Independent Director
Jul/31/2022
old age
Mr. Renato M. Migriño
Independent Director
Jul/31/2022
personal reasons
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election
(mmm/dd/yyyy)
Effective Date of Appointment Election
(mmm/dd/yyyy)
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Ramon J. Abejuela
Independent Director
Jul/21/2022
Aug/01/2022
1
-
-
Francis J. Kong
Independent Director
Jul/21/2022
Aug/01/2022
1
-
-
Promotion or Change in Designation
Name of Person
Position/Designation
Date of Approval
(mmm/dd/yyyy)
Effective Date of Change
(mmm/dd/yyyy)
Shareholdings in the Listed Company
Nature of Indirect Ownership
From
To
Direct
Indirect
-
-
-
-
-
-
-
-
Other Relevant Information
Please see attached SEC Form 17-C.
Filed on behalf by:
Name
Ma. Melva Valdez
Designation
Compliance Officer/Corporate Secretary
Attachments
Original Link
Original Document
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Disclaimer
Mabuhay Vinyl Corporation published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2022 23:33:04 UTC.
Mabuhay Vinyl Corporation is a chlor-alkali producer in the Philippines. The Company manufactures caustic soda and hydrochloric acid. It produces chlorine in commercial quantities. In addition, the Company supplies sodium hypochlorite. The Companyâs two Chlor-Alkali plants cover 26 hectares, are located at Assumption Heights Buru-un Iligan City, nine kilometers from the city proper and a kilometer from the jetty houses. The Companyâs products include Hydrochloric Acid, Chlorine, Sodium Hypochlorite and Caustic Soda. The Company also engages the services of a logistics company to provide management over the transport and delivery of a product of the Company.