AbaCore Capital Holdings, Inc. at the board of directors meeting held on May 11, 2020 affirmed its commitment to its 10% annual dividend policy. Considering the current pandemic, the Board has decided to amend its previously declared 10% cash dividend for 2020 currently pending implementation and convert the same into an equivalent stock dividend. This is in line with the company's goal to maintain liquidity and reserve funds considering the devastating effects of Covid-19 to the Philippine economy and the entire world. The liquidity will be a strategic corporate resource that can be easily deployed to take advantage of new projects and new sources of recurring revenue under the new paradigm of business developments.