ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
A.2.2

Right to participate in decisions concerning fundamental corporate changes. Do shareholders have the right to participate in The authorisation of additional shares?

Response

YES. The stockholders were sufficiently informed and have given the right to participate in major decisions concerning corporate changes such as the increase in Authorized Capital Stock of the Corporation relative to the declaration of stock dividends. 

In the 2016 Annual Stockholders' Meeting, all shareholders were notified and were able to participate and vote on the election of directors and amendment in the Company's By-Laws

References:

Company Website

1. Company Disclosures/Minutes of Annual Meeting 2016 


2. PSE EDGE Disclosure/Results of the Annual Stockholders' Meeting (posted on July 29, 2015)

Office of the Chief Compliance Officer
Tel. (632) 888 3000
Fax. (632) 816 7362
Email: dmcihicorpgov@gmail.com