April 17, 2013
PSE MEMORANDUM NO. LA-0144-13
TO | : | The Investing Public |
SUBJECT | : | Melco Crown (Philippines) Resorts Corporation |
Additional Listing |
Please be informed that the Board of Directors of The Philippines Stock Exchange, Inc. ("PSE" or the "Exchange"), in its regular meeting on April 10, 2013, approved the application of Melco Crown (Philippines) Resorts Corporation ("MCP" or the "Company") to list additional 2,846,595,000 common shares (the "Private Placement Shares"), with a par value of P1.00 per share, to cover the private placement transaction with MCE (Philippines) Investments Limited. The Private Placement Shares were issued at P1.00 per share at a total transaction value of P2,846,595,000.00. DHSCEc
As announced in Circular No. 2383-2013 dated March 20, 2013, the Exchange deemed that the Rules on Backdoor Listing are applicable to the said private placement transaction. The Company has complied with the requirements provided under the Rules on Backdoor Listing. Further, the Company issued the Private Placement Shares out of the increase in the Company's authorized capital stock from P900,000,000.00 to P5,900,000,000.00, which was approved by the Securities and Exchange...