SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) Jun 20, 20222. SEC Identification Number 100203. BIR Tax Identification No. 000-596-5094. Exact name of issuer as specified in its charter MJC INVESTMENTS CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Winford Hotel and Casino, MJC Drive, Sta. Cruz ManilaPostal Code10148. Issuer's telephone number, including area code (632) 8632-73739. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 3,174,405,821
11. Indicate the item numbers reported herein Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

MJC Investments CorporationMJIC PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Clarification of News Reports

Source Bilyonaryo.com
Subject of News Report "Boy Reyno group to invest P2.4B to save bankrupt Winford Casino Hotel after it amassed nearly P4B in losses in five years due to pandemic, bad decisions"
Date of Publication Jun 18, 2022
Clarification of News Report

We write in response to your request for clarification and/or confirmation of the news article entitled "Boy Reyno group to invest P2.4B to save bankrupt Winford Casino Hotel after it amassed nearly P4B in losses in five years due to pandemic, bad decisions" posted in Bilyonaryo.com on June 18, 2022, which reported in part that:

"The Manila Jockey group of bilyonaryo Alfonso 'Boy' Reyno Jr. has committed to convert its P2.4265 billion advances into equity in Winford Hotel and Casino.

The conversion is meant to save the struggling casino hotel in the slum-infested district of Manila which has piled up a total of P3.8 billion in losses from is opening in 2017 to the first quarter of 2022.

In a regulatory filing, MJC Investments Corp. (MJIC), which owns Winford, said the board chaired by Reyno met last May to seek confirmation from its principal stockholders to confirm their agreement to convert their advances through the issuance of new shares 'within 2022 upon completion of necessary requirements.'

…"

Please find attached the clarification of the news report.

Other Relevant Information

Attached is the Clarification of News Report.

Filed on behalf by:
Name Lemuel Santos
Designation Corporate Information Officer

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

MJC Investments Corporation published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 07:43:08 UTC.