The Company is compliant with the corporate governance disclosure requirements of the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC).
PSE Corporate Governance Guidelines Disclosures
The Philippine Stock Exchange (PSE) requires publicly-listed companies to submit annually the accomplished Corporate Governance Guidelines Disclosure. The Disclosure Survey is under a ‘comply or explain’ regime wherein companies are required to affirm their compliance with the best practice recommendations indicated under each regime, or otherwise explain their failure to comply with the same. The result of the Disclosure Survey is used as a basis for PSE’s Bell Awards for Corporate Governance.
SEC Annual Corporate Governance Report and SEC Annual Report
SEC issued several Memorandum Circulars requiring covered companies to file and submit the Annual Corporate Governance Report and Annual Report.