F A R E A S T E R N U N I V E R S I T Y
November 4, 2011
Disclosure Department
The Philippine Stock Exchange, Inc.
Tower One and Exchange Plaza Ayala Triangle, Ayala Avenue Makati City
Attn.: Ms. Janet A. Encarnacion Head
Gentlemen:
Please be informed that the Corporation received on November 3, 2011 the Securities and Exchange Commission’s approval of the following:
1. Increase in the capital stock of the Corporation from P1,000,000,000.00 divided into 10,000,000 shares with a par value of P100.00 per share to P2,000,000,000.00 to be divided into 20,000,000 shares with a par value of P100.00 per share (Annex A) and a 40%
stock dividend be declared out of such increase. The record date for the Corporation’s stock dividend is on November 22, 2011 (Annex B).
2. Amendment to Article Seventh of the Amended Articles of Incorporation to read as follows (Annex C):
SEVENTH: That the capital stock of the Corporation is Two Billion Pesos (P2,000,000,000.00), Philippine Currency, divided into Twenty Million (20,000,000) shares at the par value of One Hundred Pesos (P100.00) per share.
Very truly yours
FAR EASTERN UNIVERSITY
ANGELINA P. JOSE
Corporate Secretary
Stock Dividend (Update):
Stock - 40%
Ex-date - November 17, 2011 Record Date - November 22, 2011 Payment Date - December 19, 2011
ANNEXB
REPUBLIC OF THE PHILIPPINES
SECURITIES AND EXCHANGE COMMISSION SEe Building, EDSA,Greenhills
City of Mandaluyong, Metro Manila
IN THE MATTER OF
FAR EASTERN UNIVERSITY INCORPORATED
Fixing of Record Date of Stock Dividend which is payment for the Increase of Capital Stock
x---~--- x
ORDER
Upon consideration of the application for increase of capital stock from Pl,OOO,OOO,OOO.OOto P2,OOO,OOO,OOO.OOof FAR EASTERN UNIVERSITY, INCORPORATED and other papers and documents attached thereto, the Commission resolved to authorize the issuance of 3,923,379 shares of the par value of PlOD.00 or P392,337,900.00 to cover stock dividends declared by its Board of Directors on July 19,2011 and ratified by the corporation's stockholders representing at least two-thirds (2/3) of the outstanding capital stock on August 27,2011 and the issuance of shares of stocks to stockholders of record as of November 22, 2011 pursuant to the Amended Rules Governing Pre-emptive and other Subscription Rights and Declaration of Stock or Cash Dividends of Corporations whose securities are registered under the Securities Regulation Code or listed in the Stock Exchange.
SO ORDERED.
Mandaluyong City.
:L
November ,,2011.
BENITO A. CATARAN Director
Company Registration and Monitoring Department
BNnelly
