the disclosure department - victorias milling€¦ · business days from actual receipt thereof....
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VICTORIAS MILLING COMPANY, INC.
VICMICO Compound, Victorias City, Negros Occidental Tel. No. (034) 399-3380; Fax No. (034) 399-3675
March 13, 2013 THE DISCLOSURE DEPARTMENT The Philippine Stock Exchange, Inc. 3F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Ave., Makati City Attention: MS. JANET A. ENCARNACION Head, Disclosure Department Gentlemen: We are furnishing the Honorable Exchange a copy of the letter dated March 12, 2013 of Victorias Milling Company, Inc. (VMC) to the Securities and Exchange Commission relative to VMC’s SEC Form 17-C dated February 5, 2013.
Thank you. Very truly yours,
VICTORIAS MILLING COMPANY, INC.
March 12, 2013
HON. JUSTINA F. CALLANGANAssistant DirectorCorporate Finance DepartmentSECURITIES AND EXCHANGE COMMISSION6th Floor, SEC Bldg., EDSA. GreenhillsMandaluyong City, Metro Manila
Dear Hon. Callangan:
This has reference to the letter of the Honorable Commission dated February 26,2013 which was received by Victorias Milling Company, Inc. (VMC) on March 11, 2013.
In the said letter. the Commission directed VMC to show cause within five (5)business days from actual receipt thereof. why it should not be held liable for allegedlyfailing to disclose among others the appointment or election of Messrs. Emmanuel T.Velasco and Alberto P. Fenix to the VMC Board, in violation of SRC Rule 17.1 (1) (A)(iii).
We would like to inform the Honorable Commission that VMC was able to submitits SEC Form 17-C in relation to the election of Messrs. Emmanuel T. Velasco andAlberto P. Fenix to the VMC Board among others. through registered mail. on February6,2013.
In view thereof and in line with VMC's commitment to faithfully comply with all thereportorial requirements of the Honorable Commission, we are re-sending the attachedcopy of the abovementioned SEC Form-17-C dated February 5, 2013, including theRegistry Receipt thereof.
We are also submitting herewith a Certification dated March 11. 2013 issued bythe Acting Post Master of Victorias City, Neg. Occidental Post Office. certifying thatRegistered Mail No. 135 addressed to the Honorable Commission was mailed throughtheir office on February 6, 2013.
Thank you very much and we hope that the said submission by VMC beconsidered as in full compliance with the SRC Rules.
Very truly yours,
~RlSGMG/"P...
FACTORY HEAD OFFICEVictorias City, Negro! Occiden talP.O. HOI 171, 6100 Bacolod City, PbilippinesTel ef..: (034)-399-3675
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COVER SHEET
V I CT O R I A S 1\1 I L L I N G C O ~ P A N Y , I N C .
(Company's Full Name)
V I C T 0 R I A S C I T Y ,N E G R 0 S 0 C C I D E N T A L
(Business Add ress; No . Street City/Town/ Province)
I (034) 399-3588 ICompany Telephone Number
I EVA A. VICENCIO·RODRIGUEZ IContact Person
mIT]Month Day
Fiscal Year
I SEC FORM 17-C IFORM TYPE
I ISecondary License Type. IfApplicable
First Tu esday of February
An nual Meeting
[IT]Dept. Re quiring this Doc .
I ITota l No . of Stockholde rs
I IAmended Art icles Number/Section
r-r- .,;T:.:O"ta=':.:8JO=O;;;un=;1of.=B:.:o::.rr"o","'vi::;n,,8::.s ,
I I I IDomestic Foreign
To be accomplished by SEC Personnel concerned
Document J.D.
I S TAMPS IRemarks = pls. usc black ink for scanning.purposes
Leu
Cashier
SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17OF THE SECURITIES REGULATION CODE
AND SEC RULE 17.2(c) THEREUNDER
1. February 5, 2013Date of Report (Date of earliest event reported)
2. SEC Identification Number PW-364 3. SIR Tax IdentificationNo. 076-000-270-220
4. VICTORIAS MILLING COMPANY, INC.Exact name of Issuer as specified in its charter
5. NEGROS OCCIDENTALProvince, country or other jurisdiction ofIncorporation
7. Victorias City, Negros OccidentalAddress of office
6. (SEC'Use Only)Industry Classification Code:
6119Postal Code
8. (034) 399-3588 Fax # (034) 399-3588Issuer's telephone number, including area code
9. Not ApplicableFormer name or former address, if changed since last report
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4- and8 of the RSA
a) Common Stock (Par Value P 1.00 per share)
Authorized Capi tal StockSubscribed and paid -up
2,563,035,708 sh ares2,297,474,418 shares
11. Indicate the item numbers reported herein: Item No. 9
REPORTED HERE!N:
That the Annual Stockholders' Meeting of Victorias MillingCompany, Inc. (VMC), was held today, February 5, 2013, at the NewFunction Room, Manila Golf & Country Club, Harvard Road, ForbesPark, Makati City.
During the said meeting, wherein the required quorum waspresent and acting throughout, the following were elected as Members ofthe Board:
Existing Stockholders:
1. Mr. Armando O. Samia2. Mr. Michael G. Tan3. Dr. Emmanuel T. Velasco
Secured Creditor:
1. Atty. Anna Rosario V. Paner
Creditors with Debt Conversion:
1. Mr. Jose M. Chan, Jr..2. Mr. Enrique T. Chua (Lee Keng)3. Dr. Alberto P. Fenix, Jr.4. Atty. Brian Keith F. Hosaka5. Mr. Terence Sonkengpo6. Mr. Hubert D. Tubio7. Mr. Wilson T. Young
That also, during the said stockholders' meeting, KPMGManabat Sanagustin & Co., CPA's, was appointed as VMC's ExternalAuditor. -
That the following Amendments of VMC's Second Article ofIncorporation, particularly the Fifth and Eight Secondary Purposes,were approved by the stockholders in the said meeting in accordancewith law:
"SECOND.xxx
Secondary Purposes
xxx
(5) To acquire water rights, on its own landsand elsewhere, for irrigation and other purposes, forits own use and for sale or hire, and to generateand/or co-generate electric current and power for itsown use for lighting and other purposes, and to sellthe same to others, and do all things convenient andnecessary for the accomplishment and enjoyment ofsaid powers;
XJC(
(8) Conformably with law, to undertake andcarry on any business venture or enterprise, whethercommercial , manufacturing, including, but notlimited to, ethanol and/or potable alcoholproduction , agricultural, educational, mercantile,insurance, trading, real estate, fiduciary,infrastructure. transportation.telecommunications. minina. water. powergeneration. recreation. fi nancial or crodit.consultancy. .or otherwise, which is or may beundertaken and carried on through a public-privatepartnorship with the government or by naturalpersons as capitalists, financiers, merchants,contractors, agriculturists, agents, factors, trustees orotherwise, either directly itself in its own name orindirectly .by agents, or trustees or through themedium of ownership of stock or shares or otherinterests in any other business venture or enterpriseestablished for or carried on to engage in any suchpursuit or pursuits; and to do so not only for its ownbenefit, but also in the capacity of agent, contractor,attorney or trustee for any other person, firm orcorporation."
That the stockholders also ratified the Corporation'sauthority to invest corporate funds for purposes other than itsPrimary Purpose, pursuant to the abovementionedamendment of the Second Article of the Articles ofIncorporation, subject to the approval of the Securities andExchange Commission of the said amendment.
That thereafter, an Organizational Meeting of the Board ofDirectors was held where the folloWing persons were duly nominatedand unanimously elected to the offices appearing opposite theirrespective names:
Wilson T. YoungJose M. Chan, Jr.Hubert D. TubioAnna Rosario V. Paner
Terence SonKengPo. Brian Keith F. Hosaka
Eva A. Vicencio-Rodriguez
Jerry T. OpinionArcadio S. Lozada , Jr.
Chairman of the BoardVice Chairman of the BoardPresident and Chief Operating OfficerManaging Director and .
Chief Executive OfficerTreasurerCorporate SecretaryAsst. Corporate Secretary and
Compliance & Information OfficerChief Finance OfficerVice-President for Manufacturing
That at the aforesaid Organizational Meeting, the following wereduly nominated and unanimously elected to the different BoardCommittees and occupying the positio ns appearing opposite theirrespective names:
Executive Committee:
Wilson T. YoungAlberto F. Fenix, Jr.Jose M. Chan, Jr.Terence SonKengPoAnna Rosario V. PanerMichael G. TanBrian Keith F. Hosaka
Armando O. SamiaHubert D. TubioSantiago T. Gabionza, Jr.
Luis Ma. G. Uranza
Chairman .MemberMemberMemberMemberMemberEx-officio Member(Corporate Secretary)Ex-officio MemberEx-officio MemberEx-officio Member(Rehabilitation Counsel)Ex-officio Member(Rehabilitation Receiver)
Audit, Compensation and Remuneration Committee:
Armando O. SamiaAbelardo E. BugayNorberto B. CapayEnrique T. ChuaEmmanu el T. VelascoHubert D. Tub ioTeresita V. lIagan
Santiago T. Gabionza, Jr.
ChairmanMemberMemberMemberMemberEx-officio MemberEx-officio Member(Controller)Ex-officio Member
Luis Ma. G. Uranza(Rehabilitation Counsel)Ex-officio Member(Rehabilitation Receiver)
Nomination, Corpo rate Governance and Compliance Committee:
Alberto F. Fenix, Jr.Jose M. Chan, Jr.Brian Keith F. HosakaAnna Rosario V. PanerHubert D. TubioArmando O. SamiaSantiago T. Gabionza, Jr.
Ella A. Vicencio-Rodriguez
Legal Committee:
Anna Rosario V. PanerJose M. Chan, Jr.Brian Keith F. HosakaMichael G. TanWilson T. YoungArmand o O. SamiaHubert D. TubioSantiago T. Gabionza, Jr.
Luis Ma. G. Uranza
ChairmanMemberMemberMemberEx-officio MemberEx-officio MemberEx-officio Member(Rehabilitation Counsel)Ex-officio Member(Compliance & InformationOfficer)
ChairmanMemberMember
. MemberMemberEx-officio MemberEx-officio MemberEx-officio Member(Rehabilitation Counsel)Ex-officio Member(Rehabilitation Receiver)
Budget and Finance.Committee:
Terence SonKengPoJose M. Chan, Jr.Alberto F. Fenix, Jr.Anna Rosario V. PanerMichael G. TanArmando O. SamiaHubert D. Tubio
ChairmanMemberMemberMemberMemberEx-officio MemberEx-officio Member
Risk Management Committee:
Emmanuel T. VelascoEnrique T. Chua
ChairmanMember
" ......
, ,
Brian Keith F. HosakaTerence SonKengPoWilson T. YoungArmando O. SamiaHubert D. TubioSantiago T. Gabionza, Jr.
Luis Ma. G. Uranza
MemberMemberMemberEx-officio MemberEx-officio MemberEx-officio Member(Rehabil itation Counsel)Ex-officio Member(Rehabilitation Receiver)
That upon nomination duly made and seconded, Ms. Teresita V.Hagan was named as the Creditor-appointed Controller.
SIGNATURE
Pursuant to the requirements of the Securities Requlation Code, the Issuerhas duly carried this report to be signed on its behalf by the undersigned herewithduly authorized.
VICTORIAS MILLING COMPANY, INC.Issuer
,
Date: February 5, 2013
AT EZ
This is re SEC letter saying we have not reported the election of Dirs. Fenix and Velasco. Your files please. thanks
---------- Forwarded message ---------- From: <[email protected]> Date: Thu, Mar 14, 2013 at 10:27 PM Subject: ODiSy - Disclosure Status To: [email protected] Dear Sir/Madam: We would like to inform you that as of MAR 14, 2013 02:27:42 PM today, Reference Number: WLIST__2013000024161 Company Name: Victorias Milling Company, Inc. Disclosure Subject: Reply to SEC letter Status: APPROVED Should you need further assistance, please e-mail us at [email protected].