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This SEC Form 17-C report details AREIT, Inc.\'s Deed of Exchange with Ayala Land, Inc., involving a property-for-share swap transaction dated May 19, 2022.
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SEC Form 17-C is a disclosure form used by publicly listed companies in the Philippines to report material events or corporate actions that may affect the rights of shareholders or the value of the company's securities.
All companies that are listed on the Philippine Stock Exchange and are subject to the regulations of the Securities and Exchange Commission (SEC) are required to file SEC Form 17-C.
To fill out SEC Form 17-C, companies must provide details about the material event or transaction, including the date of occurrence, a description of the event, and the implications for shareholders. The form must be submitted electronically to the SEC.
The purpose of SEC Form 17-C is to ensure transparency and timely disclosure of significant corporate events to protect the interests of investors and maintain fair trading in the securities market.
Information that must be reported on SEC Form 17-C includes the date of the event, a concise description of the event, potential financial impacts, and any other relevant details that shareholders need to know.
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