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    Notice: SEC Form 17-LC SEC Form 17-LC

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    sushicat0925
    1) Publicly listed companies and other companies with registered securities must file SEC Form 17-LC instead of a written request for an extension to file their 17-A or 17-Q reports. The form must be filed at least 5 days before the regular filing deadline. 2) Companies must file a 17-C report disclosing any postponement of their annual stockholders meeting along with a secretary's certificate recording the board resolution postponing the meeting. This replaces the requirement to file an affidavit of postponement. 3) The notice provides filing instructions for publicly listed companies and other concerned companies during the COVID-19 pandemic.

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    Download as PDF, TXT or read online from Scribd

    Notice: SEC Form 17-LC SEC Form 17-LC

    Uploaded by

    sushicat0925
    88 views1 page
    1) Publicly listed companies and other companies with registered securities must file SEC Form 17-LC instead of a written request for an extension to file their 17-A or 17-Q reports. The form must be filed at least 5 days before the regular filing deadline. 2) Companies must file a 17-C report disclosing any postponement of their annual stockholders meeting along with a secretary's certificate recording the board resolution postponing the meeting. This replaces the requirement to file an affidavit of postponement. 3) The notice provides filing instructions for publicly listed companies and other concerned companies during the COVID-19 pandemic.

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    SEC Notice_17-PLC-and-Postponement-of-ASM-FV

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    1) Publicly listed companies and other companies with registered securities must file SEC Form 17-LC instead of a written request for an extension to file their 17-A or 17-Q reports. The form must be filed at least 5 days before the regular filing deadline. 2) Companies must file a 17-C report disclosing any postponement of their annual stockholders meeting along with a secretary's certificate recording the board resolution postponing the meeting. This replaces the requirement to file an affidavit of postponement. 3) The notice provides filing instructions for publicly listed companies and other concerned companies during the COVID-19 pandemic.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    88 views1 page

    Notice: SEC Form 17-LC SEC Form 17-LC

    Uploaded by

    sushicat0925
    1) Publicly listed companies and other companies with registered securities must file SEC Form 17-LC instead of a written request for an extension to file their 17-A or 17-Q reports. The form must be filed at least 5 days before the regular filing deadline. 2) Companies must file a 17-C report disclosing any postponement of their annual stockholders meeting along with a secretary's certificate recording the board resolution postponing the meeting. This replaces the requirement to file an affidavit of postponement. 3) The notice provides filing instructions for publicly listed companies and other concerned companies during the COVID-19 pandemic.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    NOTICE

    TO : All Publicly Listed Companies (PLC); and


    Other Companies with Registered Securities under MSRD’s1 Supervision
    (Collectively Referred to as “Concerned Companies”)

    SUBJECT: 1. Filing of SEC Form 17-LC, in lieu of a Written Request for Extension
    of Filing 17-A or 17-Q Reports

    2. Filing of the Notice of Postponement of Annual Stockholders Meeting

    DATE : April 03, 2020

    1. Filing of SEC Form 17-LC, in lieu of a Written Request for Extension of Filing 17 -A or
    17-Q Reports as Required in SEC MC No.5, Series of 2020

    Any of the concerned companies that may want to avail of the extended period for filing
    17-A and 17-Q Reports pursuant to SEC Memorandum Circular No. 5, Series of 2020, issued on
    March 12, 2020, does NOT have to file a written request to the Commission through the Markets
    and Securities Regulation Department for an extension of time.

    In lieu of a written request, the concerned company shall file the special disclosure form,
    SEC Form 17-LC, a copy of which can be found as an attachment for your reference. A PLC shall
    upload said Form via the PSE EDGE and the other concerned companies shall send the same
    through email to [email protected]. The SEC Form 17-LC shall be filed not later than
    five (5) days before the regular filing deadline.

    Approved by the Commission En Banc on March 31, 2020.

    2. Filing of the Notice of Postponement of the Annual Stockholders Meeting (“ASM”)

    In lieu of filing an Affidavit of Postponement2, the concerned companies shall file a 17-C
    Report disclosing said postponement and attaching a Secretary’s Certificate reciting the
    resolution of the Board of Directors postponing the ASM.

    For a PLC, the said report shall be uploaded through the PSE EDGE and for other
    concerned companies, email the report to [email protected]. The same shall be
    considered compliant with the requirement under Rule 20.11.1.5 of the 2015 SRC IRR.

    Approved by the Commission En Banc on April 02, 2020.

    1 Markets and Securities Regulation Department


    2 Rule 20.11.1.5 of the 2015 SRC IRR provides that:
    “No postponement of annual stockholders’ meeting shall be allowed except for justifiable reasons to be
    stated in writing signed under oath by the President or Secretary of the corporation.”

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