Post on 04-Feb-2021
June 28, 2019 Philippine Dealing & Exchange Corp. 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas Makati City Attention: Atty. Joseph B. Evangelista Head-Issuer Compliance and Disclosure Department (ICDD)
Philippines Dealing & Exchange Corp. Re: Results of the Organizational Meeting held on 28 June 2019
Subject of the Disclosure
Results of the 2019 Organizational Meeting of the Board of Directors
Background/Description of the Disclosure
Results of the 2019 Organizational Meeting of the Board of Directors
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Position/Designation
Shareholdings in the Listed Company Nature of Indirect
Ownership
Direct Indirect
Vicente R. Santos Chairman 712,494 233,000 thru Lucky Securities, Inc.
Exequiel D. Robles President 712,500 230,000 thru Lucky Securities, Inc.
David M. Dela Cruz Executive Vice President, Chief Financial Officer and Chief Risk Officer
- - -
Mariza Santos-Tan Treasurer 1 - -
Aurora D. Robles Assistant Treasurer 1 - -
Ace Franziz D. Cuntapay
Internal Auditor and Data Protection Officer
- - -
Jeremiah T. Pampolina
Chief Compliance Officer - - -
Patricia A. O. Bunye Corporate Secretary - - -
Pancho G. Umali Assistant Corporate Secretary
- - -
Crystal I. Prado Assistant Corporate Secretary
- - -
List of Committees and Membership
Name of Committees Members Position/Designation
in Committee
Executive Committee Exequiel D. Robles Chairman
Executive Committee Vicente R. Santos Member
Executive Committee Mariza Santos-Tan Member
Executive Committee Aurora D. Robles Member
Executive Committee Antonio D. Robles Member
Audit Committee Osmundo C. De Guzman, Jr. Chairman
Audit Committee Jose Ferdinand R. Guiang Member
Audit Committee Vicente R. Santos Member
Corporate Governance Committee Jose Ferdinand R. Guiang Chairman
Corporate Governance Committee Osmundo C. De Guzman, Jr. Member
Corporate Governance Committee Vicente R. Santos Member
Board Risk Oversight Committee Osmundo C. De Guzman, Jr. Chairman
Board Risk Oversight Committee Jose Ferdinand R. Guiang Member
Board Risk Oversight Committee Vicente R. Santos Member
Related Party Transactions Committee Jose Ferdinand R. Guiang Chairman
Related Party Transactions Committee Osmundo C. De Guzman, Jr. Member
Related Party Transactions Committee Vicente R. Santos Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
A. Resolution approving the Minutes of the Special Meeting of the Board of Directors held on 07 May 2019; B. Resolutions authorizing the Corporation to acquire the following: 1. Parcels of land located in Batangas with a total area of 75,935 sq.m.; 2. Parcels of land located in Davao del Sur with a total area of 119,150 sq.m.;
3. Parcels of land located in Laguna with a total area of 2,963 sq.m.; 4. Parcels of land located in Bulacan with a total area of 12,621 sq.m.; 5. Parcel of land located in Palawan with an area of 3,400 sq.m.; and 6. Parcel of land located in Davao with an area of 60,000 sq.m. C. Resolution authorizing the Corporation to enter into a joint venture involving the development of a project located in Laguna with an area of 15,486 sq.m.; D. Resolution authorizing the Corporation to open a PhP1.5 Billion credit line with Bank of the Philippine Islands; E. Resolution authorizing the Corporation to open and maintain an escrow account with China Banking Corporation – Trust and Asset Management Group; F. Resolution authorizing the Corporation to reactivate its dormant accounts with BDO Unibank, Inc.; G. Resolution authorizing the Corporation to renew its credit line with Bank of Commerce; and H. Resolution approving the Fit and Proper Rule for the Selection of Directors and Officers.
Other Relevant Information
Please refer to the attached 17-C to be filed with the Securities and Exchange Commission.