Articles of Incorporation (Amended as of 2011

Republic of the Philippines
Deparhetrt of Finmce
Securitiesand ExchangeCommission
SECBLrildins,
EDSA,Geenhirs,Mandaluyons
city
CoMPANYREG.NO. ,\509ll-007160
CERTIF'ICATE OF FILING
OF
AMENDED ARTICLES OF INCORPORATION
KNOW ALL PERSONSBY THESE PRESENTS:
This is tocedfy that the amendedarti(les of in.orporation of the
ARTHALAND CORPORATION
lAmending Article VI thereotl
copy annex€d, adoptedon March 30, 201I by majority vot€ of the Board of Dir€ctorsand on
June24,2011 by the vote of the stockholdersowning or representing more than sixty-seven
(670/.)oI the outstaDdingcapital stock, and certified under oath by th€ Secretary and a
majority of the Bosrd ofDir€ctors ofthe corporationwas approvcdby the Commissionon July
29,2011pursuantto the provisionofSection16 olthe CorporationCod€ofthe Philippines!Batas
PanbansaBlg. 68,approvedon May l, 1980and copiesthereofar€filed with the Commission.
Unlessthh corporation obtains or already has obtaired the appropriate Secondary
License from this Commission. this Ccrtificat€ does not authorize it
to
und€rtakebusinessactivitiesrequiring a SecondaryLic€nsefrom this Comnissionsuch as, but
not Iimited to acting as: broker or d€aler in s€curities,governm€nts€curitieseligible derler
(GSED), investmentadviser of an inv€stmentcompany, close-endor open-endinvestmcnt
company,
investment
house,
transfer
agent,
connodity/financial
futures
exchange/broher/merchrnt,financing company and til|le sharcs/club shar€s/nembership
certificatesissuersor sellingagentsthereof. Neitherdoesthis C€rtincat€constituteas permit to
undertakeacti!iti$ for which other governmentag€ncies
r€quirea licenseor pcrnit.
Thh certificate is a replacementofthe certificate I signcd on July 29,2011, which
erron€ouslysiatedthe Dir€ctorsme€tingas May 30,201I insteadof March 30, 2011.
lN wlTN[SS WHEREOF. I hatesetmy handsndcauscdthesealofihir Coryniisionro
beaffi\edro thisCcrtilicaterr MrndalulongCity.\4crroManita.Phitippine..
lhis __.l6fa da]
of September!
Twenty El€ven.
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KNOW ALL MEN BY THBSEPRESENTS:
constitutingthe majority of the BoardofDirectorc and the
WE, the undersigned,
CorporateSecrctaryofARTHALAIID CORPORATION (ALCO), herebycertify that:
The AmendedArticles of lncorporationand By-laws heretoattachedas
l
Atrnexes"A" and "B" are tie full, true and completecopiesof ALCO'S Artioles of
lncorporationand By-lawswhich wereamendedby the majorityvote of ALCO'S Board
of Dircctorsat its meetingheld on 30 March 2011 at its principal office at the 8/F
Picadilly Star Building, 4'nAvenuecorner 27'oStreet,Borifacio Global City, Taguig
City 1634, and by ALCO'S stockholdersrepiesentingmore than sixty-sevenpercant
(67%)ofall outstanding
capitalstockentitledandqualifiedto vote at the duly calledand
stockiolders'
Meetingheld on 2,1June 2011 at the Arthaland sales
convenedAnnual
Pavilion,McKinley Parkway cortrer 7th Avenue,Global Cify, Taguig City.
2.
Tli,eameldmentto the existingArticles of lncorporationand By-Lawsof
ALCO consistsofthe increasein the numberofjts directorsfrom seven(7) to nine(9), to
wit:
AMENDED ARTICLES OF INCORPORATION
)cxx
SIXTH - That the numberof directorsofthe Corpomtionshallbe
ofthe directorswho arc
the names,citizenshipand residences
4j19-1p1and
arc duly electedandqualifiedas providedby
to serveuntil theirsuccessors
the ByJaws xxx (,4saze dedon21Jale201l)
-0-
AMENDEDBY.LAWS
ARTICLEIII
TheBoardofDirectors
xxx
Page1 of3, Directors'Ceilificaie-Aol and By-laws
.?
- The Boardof Directors
Section2. Number,TenureandQualifications
shallbe composed
of !!iq9_]9members,
at leasttwo of whomshallbe
independent
directors.
xxx (Asdmended
on24June2011)
xxx
WITNESSOURHANDthis24'ndayofJune2011atTaguigCiry.
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DAISY P/ ARCE
Corporate
Secrctary
Passport
No. EBo13
4668/04.22.2010/Manila
TIN No,r'1
19-882-908
GONZALEZ
of the Board
163561/03.04.09Mani1a
1(";i
o.171457-p49
/ lfil"*
A DE I'ILLA LACSON
Vice Chcliman
Passport
No. XX0353323/
01.1L08,Manila
TINNo. 1p633-454
,a
o.XX2304619/10.17.08/Manila
TIN Noil 101-775-758
w
A-
OMAR[.\A]-vo
PAUL
C. TAN
Director/Comp
li anceOfr cer
Passpon
No.1A0005
137/
| I.09.0sA4anila
Passport
No.XXI 3Ati 8/02.1
7.09n'4,antla
TIN No. 138-050-692
TIN No'.100-666150
ERNESTK, CIJYEGKENG
LUKBAN
Independent
Director
Direclor
Passport
No.XX3032586/02.
17.09,ManilaPassp o.XX3298713/03.2
1.09,Manila
TINNo. 101-265-572
TIN No. 1l2-212-739
Page2 of3, D;eclois' C€rrificate-Aoland Bylaws
OATII
Republicofthe Philippines )
TaguigCity
) SS.
I certit, that on this 24o day of June 2011, before me, a notary pubiic duly
authorizedin the city above-named
to take acknowledgments,
personallyappearedthe
foregoingpersons(i) whom I have identifiedthroughtheir respectiveTax Identification
Numbers,a competentevidenceof identity,to be the samepersonsdescribedin the
foregoinginstrument,(ii) who acknowledged
beforeme thattheyvoluntarilyaffixedtheir
respectivesignatureson the instrumentfor the purposestatedtherein,and (iii) who
declaredto me that they haveexecutedthe inshumentas their free and voluntaryact and
deed.
IN WITNESSWIEREOF, I hereuntoset my hand and affix my notarialsealon
the dateandat the placeabovewritten.
Doc.No.3za
PageNo.@
BookNo._(l
Series
of201l
ANA VICTORIAG. CA*RL
.
NOTARY
PUBLIC
TAG{,IG,
PASIG,
PAIEROS
r SAN
Until Dsc. 31, 2012
R o l l N o . 5 3 7 0 t ,l 8 f N o . 1 R N . 0 7 4 1 1
PTR No. 3662111,0t/04itl
MCLECcmpliahceno, t.0004144
2 F - 0 e L € o n B t d g . ,A t m e d ap, a t e r o s
r . r . N o . 6 6 8 7 9 0 90,9 1 9 8 ? 8 7 1 5 8
'a.r.smarasiganlaw@gmail,com
Page3 of3, Difectois'Cerrificate-Aoland By-la
ANNEX'.A"
AMEI\DEDARTICLESOFINCORPORATION
ARTIIALA}ID
CORPORATION
formerlyEIB RealtyDevelopers,
Inc.
(Asamended
on 30March2011and24June2011)
Itr]OW ALL MEN BY TITESE
PRESENTS:
ThatWE, all of legalage,a majorityof whomarecitizensandresidents
of the
Philippines,
havethis dayvoluntarilyassociated
ourselves
togetherfor the purposeof
forminga corpomtion
underthelawsofthe Republic
ofthePhilippines.
AND WE CERTIFYTHAT:
FIRST- ThatthenameoftheCorpomtion
shallbe:
ARTHALA}{D CORPORATION
formerlyEIB RealtyDevelopers,
Inc.
(Asamendedon 27 No1)embet
2008)
SECOND That the purposesfor which the Corpomtion is fomed are:
PRIMARY PURPOSE
To principally engage in the realty developmentbusiness,including home
buildingand development,
and to deal,engage,investand ttansact,direotlyor indirectly,
in all forms of businessand mercantileactsand tansactionconcemingall kinds of real
property, inoluding but not limited to the acquisition,constuction, utilization and
disposition,sale,lease,exchangeor any mode of nansferof residential,industrialor
commercial Property.
SECONDARY PURPOSE
l.
To purchase,acquire,own, lease,sell and conveyreal propefies suchas
lands,buildings,factoriesand warehouse
and machineries,
equipmentand otherpe$onal
propertiesas may be necessary
or incidentalto the conductof corporatebusiness,andto
pay in cash,sharesof its capitalstockdebentuesand otherevidencesof indebtedness
of
other securities,as may be deemedexpedient,for any businessof properlyacquiredby
the corpomtion;
2.
To borow or raisemoneynecessary
to meetthe financialrequirements
ot
its businessby ihe issuanceof bonds, promissorynotes and other evidencesof
indebtedness,and to securethe repa)rmentthereof by mofigage, pledge, deed of trust or
lien uponthe propertiesofthe Corporation,or to issuepu$uantto law shalesofits capital
stock,debentures
and otherevidencesofindebtedness
in paynent for propertiesacquircd
the
by
Coeorationor for moneyborrowedin the prosecution
of it5 law{irlbusiness;
3.
To investand deal with ihe moneyand propertiesof the Corporationin
suchmanneras may from time to time be considered
expedientfor the advancement
of its
PageI of5, ALCO Aol-Amendedon 24 June20ll
interestsand to sell, disposeof or transferthe business,propertiesand goodwill of the
Corporationor any partthereoffor suchconsideration
and undersuchter; as it shallsee
fit to accept;
To aid in any mannerany corporation,association
or trustestate,domestic
or ioreign.or any fiIm or individual,any sharesof stockin which any bonds,debenLures,
notes,securities.evidencesof indebtedness,
confiactsor obligations
ofwhich are held by
-corporations
or for this Corpomtion,directlyor indirectlyor throughother
or otherwise;
5.
To enter into lawful arTangement
for sharingprofits, union of inrcresL,
utilization or farm out agrcement,reciprocal concessionor cooperationwith any
corporalion,association,partnershipsyndicate,entity, personor government,municipal
or public authority,domesticor foreign,in the carryingon of any businessor transaction
deemednecessary,
convenientor incidentalto cairying out any of the purposesof this
Corporation;
6.
To acquireor obtainfrom any govemmentauthority,national,provincial,
municipal or otherwise,or any corporation,companyor parhership,or person,such
charter,.
contracts,franchise,privileges,exemption,licensesand concessions
as may oe
conduciveto any ofthe objectsofthe Corporation;
7.
To establishand operateone or more branchof{icesof otherasenciesand
to carryot anyor all of its operationsand businesg
withoutany restrictionsaito placeor
amount,inoludingthe right to hold, purchaseor otherwiseacquire,Iease,mongage,
pledgeand conve, or otherwisedeal in and with real and personalpropertyanl,where
within the Philippines;and,
8.
To conductand transactany and ail lawful businessand to do or causero
be doneany one or more ofthe actsand thingshereinsetforth as its purloses,witnrn or
without the Philippines,and in any and all foreign counlries,and t; do ever),thing
necessary,
desirableor incidentalto the accomplishment
ofthe purposesofthe exeriiseof
any one or more of the powershereinenumerated.
or which shall at an)time appear
conduciveto or expedientfor the protectionor benefitofthis Corporation.
THIRD - That the placewherc the principaloffice of the Corporationis ro De
established
or locatedis at Metro Maniia,philippines.
FOURTH Thar the term for which said Corporationis to exist is FIFTY (50)
yea$ fiom the dateandafterthe dateof incorporation.
FIFTH - That the names,citizenshipand residences
of the incorporatorsare as
followst
NAME
CITIZENSH]P
TEODOROC. BORLONGAN
Filipino
I SparrowSt.,Creenmeadows
I,
Cityl
Metro
Manila
Quezon
JOSUEA. CAMBA,JR
Filipino
I I I Sampaguita
St., Valle
VerdeIII, Pasig,Metro Manila
RESIDENCE
Page2 of 5, ALCO Aol-Arnendedon 24 Jun€2011
CORAZONM. BEJASA
Filipino
30AmethystStreetGreenheights
Subd.,Pamnaque,
MetroManila
DENNISD. DECENA
Filipino
2473A. Crisostomo
St.,BF
ResortVillage,LasPinas,Metro
Manila
NIDA S. SANTOS
Filipino
28 F. Rodriguez
Ave,,Sto.Nino,
Marikina,MetroManila
SIXTH- Thatthenumberofdirectors
ofthe Corporation
shallbenine(9)andthe
names,
citizenship
andresidenoes
ofthe directors
whoareto seryeuntil theirsuccessors
arcdulyelected
andqualifiedasprovidedby theByJawsareasfollows(ssamended
on
30March201I and24June2011):
NAME
CITIZENSHIP
RESIDENCE
TEODOROC. BORLONGAN
Filipino
I SparowSt.,Greenmeadows
I,
City,
Metro
Manila
Quezon
JOSIJEA. CAMBA, JR
American
.
111Sampaguita
St., Valle
VerdeIII, Pasig,Metro Manila
CORAZONM. BEJASA
Filipino
30AmethystStreetGreenheights
Subd.,Paranaque,
MetroManila
DENNISD. DECENA
Filipino
2473A. Crisostomo
St.,BF
ResortVillage,LasPinas,Metro
Manila
NIDA S,SANTOS
Filipino
28 F, Rodriguez
Ave.,Sto.Nino,
Marikina,MetroManila
SEVENTH That the authorizedcapital stockofthe Coryorationis philippine
Pesos:Two Billion Nine HundredFofy Six Million Two HundredFifty SevenThousand
One HundredThirty Five and 821100e2,946,257,t35.82),and said capital stock is
dividedinto 16,368,095,199
commonshareswith a par value of Phitippinepesos:
EighteenCentavos(P0.18)per share.(AsAmendedon 28 JanudD)2008)
The sharesof stock of the corporationare not subjEctto pre-emptiverights of
stockholders,
and may be issuedfor the unissuedportionofauthorizedoapitalstockin such
quantities,at suchtimes,andundersuchtermsasthe BoardofDirectorsshalldetermine.
EIGHT That the anount of saidcapitalstock,which hasbeenactuallysubscribed,
is ONE HLTIIDREDMILLION PESOS(P100,000,000.00),
Philippinecurrency,and the
following personshavesubscribed
for the numberofsharesandthe amountofcaDitalstock
indlcaled
opposite
theirrespecli\e
namessetoutaffertheirrespective
names:
Pase3 of5,ALco Adr-Amended
on 24June20lt
O
{,*
Citizenship
Name
UrbancorplnvestmentInc.
Filipino
TeodoroC. Borlongan
Filipino
JosueA. Camba,JI.
No. of Shares AmounrSubscribed
999,995
P99,999,500.00
100.00
I
Amencan
100.00
Nida S, Santos
Filipino
100.00
CorazonM. Bejasa
Filipino
100.00
DennisD. Decena
Filipino
100.00
1,000,000
P100,000,000.00
NINTH That the following personshave paid on the sharesof capitalstockfor
which theyhavesubscdbed
the amounts,setout aftertheir resp€ctivenamesl
Name
Urbancorplnvgstment,lnc.
TeodoroC. Borlongan
JosueA. Camba,Jr.
Nida S. Santos
CorazonM. Bejasa
DennisD. Decena
AmountPaid
P 29,999,500.00
100.00
100.00
100,00
100.00
P 30,000,000.00
TENTH - That no issuanceor hansferof sharesof stockofthe Corporationwhich
would reducethe stock ownershipof Filipino citizensto lessthan the percentage
of the
outstaDding
capitalstockrequiredby law to be ownedby Filipino citizens,shallbe allowed
or permittedto be recordedin the books of the Coryoration. This restrictionshall be
pdntedor indicatedin all the certificates
ofstock to be issuedby the Coryoration.
ELEVENTH - That NIDA S. SANTOS has been electedby the subscribersas
Treasurerofthe Corporationto actas suchuntil her successor
is duly electedandshallhave
qualilied in accordancewith the ByJa$,s; and that, as such heasurershe has been
authorizedto receive for the corporationand to issue in its name recaipts for all
subscriplions
paidin by lhesubscribers.
IN WITNESS WHEREOF,we have hereuntoset our handsthis 2l,t day of July
lq94al VakaLi.Merro\4anila.Philippines.
(Ssd)TEODOROC. BORLONGAN
Page4 of5, ALCO Aol-Amehdedon 24 June201I
(Sgd)JOSUEA. CAMBA, JR.
(Ssd) CORAZoN M. BEJASA
(Sgd)DENNISD. DECENA
(Sgd) NIDA S.SANTOS
S]CNEDIN THEPRESENCE
OF:
(lllegible)
(lllegible)
ACKNOWLEDGMENT
REPUBLICOFTHE PHILIPPINES
)
MAKATI,METROMANILA
) SS.
this
- BEFOREME, a NotaryPublicfor andin Makati,MetroManila,phjlippines,
2l" ofJuly 1994,personally
appeared
thefollowingr
Name
1 LODORO
C. BORLONCAN
JOSUEA. CAMBA,JR.
NIDA S.SANTOS
CORAZONM. BEJASA
DENNISD. DECENA
Res.Cef. No.
Date/Place
lssued
2250528
793308842
22516804
22520525
22520528
2.t8.s4/Makali
4.1L94l pasig
2]7j4/Makati
2.18.94lMakati
2.l8.94,Makari
all knownto me andto me knownto be the samepersons
who executed
the foregoing
Articlesof Incorpomtion
andtheyacknowledged
to methatthe sameis theirfreeactand
deed.
IN TESTIMONYWHEREOF,
I havehereunto
setnryhandandaffixedmy notarial
sealon the dateandat theplacefirst abovewritten.
j50
Doc.'No.
CUNANAN
Ltf,3rJffi;jt*t*LDAR
PageNo.71
BookNo.IV
Seriesof 1994.
UntilDecember
31, 1995
P T RN o . 1 7 8 1 1 5 3
lssuedat QuezonCity on January13, 1994
Page5 ol5, ALCOAoliAmendedon24 June2011
n