The amended form is attached. The original copy shall be marked as amended. To provide a basis for discussion, the SEC notes that Mrs. Meredith S. Rolled, the director of Ayala Land, had purchased about 18.5% of her own position in the company's common stock in a public offering on December 17, 2008, which had then been traded on the New York Stock Exchange. On December 19, 2008, a change of control of the company at the shareholders' meeting resulted in the change of the voting rights on the outstanding shares. On September 9, 2008, the company entered into an agreement with the trustee of the Meredith S. Rolled, Inc., A Division of Meredith Corporation, to redeem up to 50% of the issued shares of common stock, thereby converting her purchase into 5,550 shares. Mrs. Meredith S. Rolled, along with her partners, Mr. and Mrs. Henry Melamine, and the Board, on behalf of the company in its corporate capacity, then engaged in the transaction. Mrs. Meredith S. Rolled was paid a salary of 1,000 per month, and was also eligible to receive one-third of the net profits of the company for the year. All she received as a seller was 1,500 Ayala shares that she traded, and a small equity position in the company. Accordingly, the SEC filed an administrative claim for an accounting of the transaction. Mrs. Meredith S. Rolled was not aware of the transaction until the company filed its financial statements on the New York Stock Exchange on September 9, 2008. In response, at an October 16, 2008, shareholder meeting, she resigned from her position as director. As director, Mrs. Meredith S. Rolled retained her right, if applicable, to convert the shares into shares upon her termination. We have received no indication whatsoever that Mrs. Rolled will not retain the convertible shares upon their conversion. Since that time, we are not aware of any indication of her being interested in the company. Accordingly, we have made an offer to Mrs. Meredith S. Rolled of approximately 12,000 Ayala shares at 9.20 per share. Mrs. Meredith S. Rolled's proposal was that the Ayala shares be converted, at that point, into approximately 3,950 Ayala shares, for a gain of approximately 7,600 on the transaction.
Get the free Amended SEC Form 23-B of MSN
Show details
23 June 2010 Ms. Janet A. Incarnation Head, Disclosure Department 4/F, The Philippine Stock Exchange, Inc. PSE Center, Exchange Road Ortega Center, PSIG City Subject: Amended SEC Form 23-B of Meredith
We are not affiliated with any brand or entity on this form
Get, Create, Make and Sign
Edit your amended sec form 23-b form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share your form instantly
Email, fax, or share your amended sec form 23-b form via URL. You can also download, print, or export forms to your preferred cloud storage service.
How to edit amended sec form 23-b online
To use the services of a skilled PDF editor, follow these steps:
1
Log in. Click Start Free Trial and create a profile if necessary.
2
Upload a file. Select Add New on your Dashboard and upload a file from your device or import it from the cloud, online, or internal mail. Then click Edit.
3
Edit amended sec form 23-b. Replace text, adding objects, rearranging pages, and more. Then select the Documents tab to combine, divide, lock or unlock the file.
4
Save your file. Select it in the list of your records. Then, move the cursor to the right toolbar and choose one of the available exporting methods: save it in multiple formats, download it as a PDF, send it by email, or store it in the cloud.
With pdfFiller, it's always easy to work with documents. Try it!
Fill form : Try Risk Free
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
What is amended sec form 23-b?
Amended SEC Form 23-B is a form filed with the Securities and Exchange Commission (SEC) to report changes or updates to a previously filed Form 23-B.
Who is required to file amended sec form 23-b?
Any entity or individual who has previously filed a Form 23-B and needs to report changes or updates is required to file an amended SEC Form 23-B.
How to fill out amended sec form 23-b?
To fill out an amended SEC Form 23-B, you need to provide the relevant updated information and indicate any changes from the previously filed Form 23-B.
What is the purpose of amended sec form 23-b?
The purpose of amended SEC Form 23-B is to ensure that any changes or updates to the previously filed Form 23-B are reported to the SEC.
What information must be reported on amended sec form 23-b?
On the amended SEC Form 23-B, you must report any changes or updates to the information previously provided on the original Form 23-B, such as changes in ownership, structure, or other relevant details.
When is the deadline to file amended sec form 23-b in 2023?
The deadline to file the amended SEC Form 23-B in 2023 may vary and depends on the specific regulations and guidelines set by the SEC. It is recommended to refer to the SEC's official website or consult with a legal professional for the specific deadline.
What is the penalty for the late filing of amended sec form 23-b?
The penalty for the late filing of the amended SEC Form 23-B may vary and is subject to the SEC's regulations and guidelines. It is advisable to refer to the SEC's official website or consult with a legal professional for the specific penalty.
How do I complete amended sec form 23-b online?
With pdfFiller, you may easily complete and sign amended sec form 23-b online. It lets you modify original PDF material, highlight, blackout, erase, and write text anywhere on a page, legally eSign your document, and do a lot more. Create a free account to handle professional papers online.
How do I make edits in amended sec form 23-b without leaving Chrome?
amended sec form 23-b can be edited, filled out, and signed with the pdfFiller Google Chrome Extension. You can open the editor right from a Google search page with just one click. Fillable documents can be done on any web-connected device without leaving Chrome.
How can I fill out amended sec form 23-b on an iOS device?
Download and install the pdfFiller iOS app. Then, launch the app and log in or create an account to have access to all of the editing tools of the solution. Upload your amended sec form 23-b from your device or cloud storage to open it, or input the document URL. After filling out all of the essential areas in the document and eSigning it (if necessary), you may save it or share it with others.
Fill out your amended sec form 23-b online with pdfFiller!
pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.
Not the form you were looking for?
Keywords
Related Forms
If you believe that this page should be taken down, please follow our DMCA take down process
here
.
