Preliminary Information Statement
07 Februaary 2018 Philippine Stock Exchange Disclosure Department 3/F PSE Plaza, Ayala Triangle Plaza Makati City, Metro Manila Attention: Mr. Jose Valeriano B. Zuño III OIC ‐ Disclosure Department Philippine Stock Exchange Sir: Please find attached Preliminary Information Statement (SEC Form IS‐20) submitted to the Commission today for its consideration and approval in relation to the Company’s Annual Stockholders’ Meeting on March 15, 2018 in Davao City, Philippines. Thank you and warm regards. Very truly yours, Atty. Socorro Ermac Cabreros Corporate Secretary Page 2 of 48 SEC Form IS-20 Page 3 of 48 SEC Form IS-20 PART I. INFORMATION REQUIRED IN INFORMATION STATEMENT A. GENERAL INFORMATION Item 1. Date, time and place of meeting of security holders (a) Date : March 15, 2018 Time : 2:00 p.m . Place : Phoenix Petroleum Corporate Headquarters Stella Hizon Reyes Rd. Davao City Mailing P-H-O-E-N-I-X PETROLEUM PHILIPPINES, INC. Address: Office of the Corporate Secretary Phoenix Petroleum Corporate Headquarters Stella Hizon Reyes Road, Bo. Pampanga Lanang, Davao City 8000 (b) Approximate date on which the Information Statement is first to be sent or given to security holders: February 22, 2018. Item 2. Dissenter ’s Right of Appraisal Procedure for the exercise of Appraisal Right Pursuant to Section 81 of the Corporation Code of the Philippines, a stockholder has the right to dissent and demand payment of the fair value of his shares in case of any amendment to the articles of incorporation that, (1) in case of amendment to the articles of incorporation, has the effect of changing or restricting the rights of any stockholder or class of shares, or of authorizing preferences in any respect superior to those of outstanding shares of any class, or of extending or shortening the term of corporate existence; (2) in case of lease, exchange, transfer, mortgage, pledge or other disposition of all or substantially all of the corporate property and assets as provided in the Corporation Code, and (3) in case of merger or consolidation.
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