Atok Big Wedge Mining Co vs HON IAC Et Al G.R. No. 63528 September 9, 1996
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ATOK-BIG WEDGE CO., INC. PHILIPPINE STOCK EXCHANGE, INC. 3 rd Floor, Tower 1 PSE Plaza, Ayala Triangle Ayala Avenue, Makati City Ms. Janet A. Encarnacion Head, Disclosure Department ATOK-BIG WEDGE CO., INC. (the "Company") wishes to inform the Philippine Stock Exchange that during its 2011 Annual Meeting of Stockholders held this afternoon the following were members of the Company's Board of Directors for 2011-2012: Roberto V. Ongpin Eric O. Recto Mario J. Locsin Walter W. Brown Victor R. Kalaw Michelle S. Ongpin Mario A. Oreta Rodolfo Ma. A. Ponferrada Dennis O. Valdes Delfin J. Wenceslao, Jr. Marriana H. Yulo Reynaldo G. David (independent) Margarito B. Teves (independent) During the same meeting, the Company's management was authorized by all the shareholders present (representing more than 2/3 of the Company's outstanding capital stock) to dispose or sell its investments in Atok Gold Mining Co., Inc. at such terms and conditions as may be approved by the Executive Committee of the Board of Directors of the Company Management was also authorized by the shareholders present to conduct a rights or follow- on offering at such terms and conditions as may be deemed beneficial to the Company by the Executive Committee of the Board of Directors in order for the Company to be able to comply with the 10% minimum public ownership requirement.
Transcript of ATOK-BIG WEDGE CO., INC.atokbigwedge.com/wp-content/uploads/2012/01/D... · ATOK-BIG WEDGE CO.,...
ATOK-BIG WEDGE CO., INC.
PHILIPPINE STOCK EXCHANGE, INC.3rd Floor, Tower 1PSE Plaza, Ayala TriangleAyala Avenue, Makati City
Ms. Janet A. EncarnacionHead, Disclosure Department
ATOK-BIG WEDGE CO., INC. (the "Company") wishes to inform the Philippine StockExchange that during its 2011 Annual Meeting of Stockholders held this afternoon the followingwere members of the Company's Board of Directors for 2011-2012:
Roberto V.OngpinEric O. Recto
Mario J. LocsinWalter W. BrownVictor R. Kalaw
Michelle S. OngpinMario A. Oreta
Rodolfo Ma. A. PonferradaDennis O. Valdes
Delfin J. Wenceslao, Jr.Marriana H. Yulo
Reynaldo G. David (independent)Margarito B. Teves (independent)
During the same meeting, the Company's management was authorized by all theshareholders present (representing more than 2/3 of the Company's outstanding capital stock) todispose or sell its investments in Atok Gold Mining Co., Inc. at such terms and conditions as may beapproved by the Executive Committee of the Board of Directors of the Company
Management was also authorized by the shareholders present to conduct a rights or follow-on offering at such terms and conditions as may be deemed beneficial to the Company by theExecutive Committee of the Board of Directors in order for the Company to be able to comply withthe 10% minimum public ownership requirement.
The firm of Reyes Tacandong & Co. was also appointed as the Company's new externalauditors for the year 2011.
At the Organizational Meeting of the Board of Directors of the Company held immediatelyafterwards, the following were elected corporate officers of the Company for 2011-2012:
Chairman of the Board Roberto V.Ongpinand Chief Executive Officer:
Vice Chairman: Eric O. RectoPresident Mario J. Locsin
and Chief 0 eratin Officer:Treasurer: Dennis O. Valdes
Cor orate Secretar: Rodolfo Ma. A. PonferradaAssistant Cor orate Secretar: Jesusa Loreto A. Arellano-A da
Corporate Information Officers: Josephine A. ManaloRodolfo Ma. A. PonferradaJesusa Loreto A. Arellano- A da
The Board of Directors likewise constituted the following committees and elected theirmembers as follows:
Executive Committeea. Roberto V.Ongpin (Chairman)b. Eric O. Rectoc. Mario J. Locsind. Rodolfo Ma. A. Ponferrada (Secretary)
Audit Committee1. Margarito B.Teves (Chairman/Independent Director)2. Eric O. Recto3. Reynaldo G. David (Independent Director)
Nominations Committeea. Margarito B.Teves (Chairman/Independent Director)b. Roberto V.Ongpinc. Mario J. Locsin
Compensation Committeea. Reynaldo G. David (Chairman/Independent Director)b. Roberto V.Ongpinc. Eric O. Recto
The Board of Directors also appointed Ms. Marriana H. Yulo as Compliance Officer underthe Anti-Money Laundering Manual as well as Mr. Rodolfo Ma. A. Ponferrada as ComplianceOfficer and Ms. Jesusa Loreto A. Arellano-Aguda as Deputy Compliance Officer under the Manualof Corporate Governance.
