Asia Pacific Medical Center

Local Founders’ Meeting

20 August, 2020
Zoom-ing in from Bacolod and Iloilo

Increase in Capitalization

Dr. Ma. Leila M. Magbanua

 Capital Stock :
Initial Issuance & Increase in Capitalization

INITIAL INCREASE
TOTAL
ISSUANCE CAPITALIZATION

AUTHORIZED CAPITAL STOCK 120,000,000 120,000,000 240,000,000

NO. OF SHARES 120,000 120,000 240,000

% SUBSCRIPTION 80% 90% 85%

NO. OF SUBSCIBED SHARES 96,000 108,000 204,000

NO. OF FOUNDER BLOCKS 60 60

NO. OF SHARES PER FOUNDER

1,600 1,800 3,400
BLOCK
 Distribution of Founder Blocks

Region Blocks % Distribution

MANILA 15 Blocks * / 60 = 25%

ILOILO 20 Blocks * / 60 =
BACOLOD 25 Blocks * / 60 =
33.33
%

41.67
%

* 1 Founder block of shares = 1,600 shares

14 /15 Manila founders’ blocks were sold:

MANILA 15 Founder blocks x 1,600 = 24,000

14 Founder blocks x 1,600 =

Remaining 1 Founder block x 1,600 = 1,600 (Dra22,400
Cu)
shares
SOLD
 Transfer of Shares to Bacolod Founders

14 Blocks Sold x 1,600 / Block = 22,400 Shares

22,400 / 25 Bacolod Founders = 896 Shares

896 Shares / Bacolod Founder

 No. of No. of No. of New No. of Shares prior to % Ownership prior
Founders Blocks Shares / Shares increase in to increase in
Founder Purchased capitalization capitalization

1 Manila (regular) 1 1,600 0 1,600 1.67%

12 Iloilo (regular) 12 1,600 0 1,600 1.67%

1 Iloilo (Pioneer) 8 12,800 0 12,800 13.33%

Iloilo Group 21

25 Bacolod (regular) 25 1,600 896 2,496 2.60%

 Increase in Capitalization

INCREASE CAPITALIZATION

AUTHORIZED CAPITAL STOCK 120,000,000

NO. OF SHARES 120,000

% SUBSCRIPTION 90%

NO. OF SUBSCRIBED SHARES 108,000

NO. OF FOUNDER BLOCKS 60

NO. OF SHARES PER FOUNDER BLOCK 1,800

 INCREASE IN CAPITALIZATION: DISTRIBUTION OF SHARES

Founders No. of Blocks No. of Shares / Founder

1 Manila Founder (regular) 1 1,800

12 Iloilo Founders (regular) 12 1,800

1 Iloilo Founder (pioneer) 8 14,400

ILOILO GROUP 21

25 BACOLOD GROUP (regular) 25 1,800

 To maintain equitable distribution of shares,
each Iloilo founder will get an additional
896 shares which were previously availed of by
each Bacolod founder

ILOILO GROUP (ILOILO + MANILA)

= 896 shares x 21 Founder Blocks
=

18,816
shares

Bacolod Group will NOT SUBSCRIBE to

additional 896 shares for the increase in capitalization
 ADDITIONAL SHARES

No. of
FOUNDER Additional Shares
Blocks

1 Manila Founder (reg) 1 896 x 1 896

12 Iloilo Founders (reg) 12 896 x 12 10,752

1 Iloilo Founder (pioneer) 8 896 x 8 7,168

ILOILO GROUP 21 18,816 Total Shares

25 Bacolod Founders (regular) 25 0 0

 Shares from Manila Group (14 Blocks)
14 Blocks x 1,800 Shares /Block = 25, 200 Shares

21 Iloilo Founders x 896 Shares = 18,816 Shares

25, 200 Shares Bacolod : 2.6 % x 25 founders = 65%

(-) 18,816 Shares Iloilo : 1.67 % x 21 = 35 %
6,384 Shares

6,384 Shares :
X 65% Bacolod additional shares : 4,150 divided by 25 = 166 shares
X 35 % Iloilo additional shares : 2,234 divided by 21 = 106 shares
 TOTAL NUMBER OF SHARES

No. of Shares / Additional

FOUNDERS No. of Blocks Excess Shares Total
Founder Shares

1,800 896
1 Manila Founder 1 106 2,802

1,800 896
12 Iloilo Founders 12 106 2,802

14,400 7168
1 Iloilo Pioneer 8 848 22,416

1,800 0
25 Bacolod Founders 25 166 1,966
 SUMMARY OF NUMBER OF SHARES

Founder TOTAL SHARES INCREASE IN

CAPITALIZATION

ILOILO GROUP
2,802

PIONEER FOUNDER (FGB) 22,416

BACOLOD GROUP 1,966

 DISTRIBUTION OF SHARES : ILOILO GROUP
PRIOR
INCREA
INITIAL TO
SE
SUBSC INCREA GRAND
No. FOUNDER CAPITA
RIPTIO SE TOTAL
Purchase of LIZATIO
N CAPITAL
Share
N
IZATION
% % %
No. of % No. of No. of Subscribe
Ownershi Ownershi Ownershi
Shares Ownership Shares Shares d Shares
p p p
ILOILO
1. DR. BIRON, FERJENEL G. 12,800 13.3333% 0 12,800 13.3333% 22,416 20.7571% 35,216 17.2634%
2. DR. COMUELO, JERUSHA A. 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
DR. DAULO-LAVILLA,
3. MERIDE 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
4. DR. DIANCO, FELIBERT O. 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
DR. GAFATE-ONG, MARY
5. FLOR 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
DR. GALLEGA-PEREZ, MA.
6. GRACE 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
DR. GUBATINA, MARIA
7. GERALDINE L. 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
8. DR. LAVALLE, AMADO JR. M. 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
9. DR. MINERVA, IKE T. 1,600 1.6667% 0 1,600 1.6667% 2,802 2.5946% 4,402 2.1579%
 PAID-UP CAPITAL FOR INCREASE CAP : ILOILO GROUP

No. FOUNDER INCREASE

CAPITALIZA
TION
Subscribed
ILOILO No. of Shares % Ownership Paid-Up Capital
Capital
1. DR. BIRON, FERJENEL G.
2. DR. COMUELO, JERUSHA A. 22,416 20.7571% 22,416,000 5,604,000
3. DR. DAULO-LAVILLA, MERIDE 2,802 2.5946% 2,802,000 700,500
4. DR. DIANCO, FELIBERT O. 2,802 2.5946% 2,802,000 700,500
5. DR. GAFATE-ONG, MARY FLOR 2,802 2.5946% 2,802,000 700,500
6. DR. GALLEGA-PEREZ, MA. GRACE 2,802 2.5946% 2,802,000 700,500
7. DR. GUBATINA, MARIA GERALDINE L.
2,802 2.5946% 2,802,000 700,500
2,802 2.5946% 2,802,000 700,500
8. DR. LAVALLE, AMADO JR. M.
2,802 2.5946% 2,802,000 700,500
9. DR. MINERVA, IKE T. 2,802 2.5946% 2,802,000 700,500
10. DR. REGOZO, DANILO C. 2,802 2.5946% 2,802,000 700,500
11. DR. SAMORO, FREDILYN G. 2,802 2.5946% 2,802,000 700,500
12. DR. SAQUIAN, JEREMY M. 2,802 2.5946% 2,802,000 700,500
13. DR. VILLAFLOR, AGNES JEAN M. 2,802 2.5946% 2,802,000 700,500
14 DR. CU. DOROTHY MILDRED S. 2,802 2.5946% 2,802,000 700,500
 DISTRIBUTION OF SHARES : BACOLOD GROUP
PRIOR
TO
INCREAS
INITIAL INCREA
Purchase E GRAND
No. FOUNDER
BACOLOD SUBSCR SE
of Share CAPITAL TOTAL
DR. ABAD, ALBEN TEODORO IPTION CAPITA
IZATION
1. T. 1,600 1.6667% 896 LIZATIO2.6%
2,496 1,966 1.8205% 4,462 2.1873%
DR. ACHURRA, ALEXANDER N
2. KENT T. 1,600 % % % %
No. of 1.6667% 896 2,496
No. of 2.6% 1,966
No. of 1.8205% 4,462
Subscribed 2.1873%
3. DR. CONCEL, LEOPOLDO M. 1,600 Ownershi Ownershi 1,966 Ownershi 4,462 Ownershi
Shares 1.6667% 896 2,496
Shares 2.6% Shares 1.8205% Shares 2.1873%
DR. ENCARNACION, p p p p
4. JOSELINE C. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
5. DR. ESPINOSA, WENDELL Z. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
6. DR. GALVE, GREGORIO L. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
7. DR. GEBUSION, ANTHONY C. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
DR. GERMINAL, RODOLFO
8. JR. F. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
9. DR. JALEA, RUEL U. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
DR. JESENA, SALVE REGINA
10. S. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
DR. MAGALLANES, BEL
11. MANUEL G. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
DR. MAGBANUA, MA. LEILA
12. M. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
13. DR. MALATA, MA. IVY V. 1,600 1.6667% 896 2,496 2.6% 1,966 1.8205% 4,462 2.1873%
 INCREASE PAID-UP
IN
No. FOUNDER
CAPITALIZ CAPITAL
ATION FOR
Subscribed INCREAS
No. of Shares % Ownership Paid-Up Capital
Capital
BACOLOD E
DR. ABAD, ALBEN CAP :
1. TEODORO T. 1,966 1.8205% 1,966,000 491,500 BACOLO
DR. ACHURRA,
2. ALEXANDER KENT T. 1,966 1.8205% 1,966,000 491,500 D
DR. CONCEL, LEOPOLDO GROUP
3. M. 1,966 1.8205% 1,966,000 491,500
DR. ENCARNACION,
4. JOSELINE C. 1,966 1.8205% 1,966,000 491,500
DR. ESPINOSA, WENDELL
5. Z. 1,966 1.8205% 1,966,000 491,500
6. DR. GALVE, GREGORIO L. 1,966 1.8205% 1,966,000 491,500
DR. GEBUSION, ANTHONY
7. C. 1,966 1.8205% 1,966,000 491,500
DR. GERMINAL,
8. RODOLFO JR. F. 1,966 1.8205% 1,966,000 491,500
9. DR. JALEA, RUEL U. 1,966 1.8205% 1,966,000 491,500
DR. JESENA, SALVE
10. REGINA S. 1,966 1.8205% 1,966,000 491,500
DR. MAGALLANES, BEL
 SUMMARY : DISTRIBUTION OF SHARES PAID-
UP CAPITAL

TOTAL SHARES
Founder INCREASE SUBSCRIBED CAPITAL PAID-UP CAPITAL (25%)
CAPITALIZATION

ILOILO GROUP
2,802,000 700,500
2,802

FGB 22,416 22,416,000 5,604,000

BACOLOD GROUP 1,966 1,966,000 491,500

 PAYMENTS

Payment
Due this Year
INCREAS
INITIAL
E IN
ISSUANC
CAPITALI
E
Founder ZATION (When unpaid
capital is
called)
Called-up
Called-Up Purchase Capital of Paid-up Unpaid
Subtotal Subscribed Subscribed
Capital of shares Shares Shares Capital
Capital Capital
Purchased
1,790,500
1,090,000 0 0 1,090,000 2,802,000
ILOILO
700,500 2,101,500 (3,892,000)
2,802
14,324,000
FGB
8,720,000 0 0 8,720,000 22,416 22,416,000 5,604,000 16,812,000 (31,136,000)

2,611,900
BACOLOD 1,090,000 420,000*610,000 2,120,4001,966 1,966,000 491,500 1,474,500
(4,086,400
 SUMMARY OF TOTAL PAYMENTS

Refund for Payment Due Payment when

INITIAL
INC. CAP Bacolod Unpaid Capital
ISSUANCE this Year
Founders on is called
Founder Premium Paid to
Manila Group
Called-up
Called-Up Purchase of Capital of Paid-up
Subtotal
Capital shares Shares Capital
Purchased
1,790,500.00
73, 043.48
1,090,000 0 0 1,090,000 700,500 73, 043.48 1,863,543.48 3,965,043.48
ILOILO

14,324,000.00 31,720,347.80
FGB 8,720,000 0 0 8,720,000 5,604,000 584, 347.84 584, 347.84
14,908,347.80

BACOLOD 1,090,000 420,000 610,000 2,120,400 491,500 0 2,611,900 4,086,400

 Additional payment for Iloilo Founders

750,000 per block- 510,000 3,360,000 / 46

paid up capital = 73,043.48
240,000 gain per block x 73,043.48 x 21 Iloilo Founders
14 blocks =22,400 shares = 1,533,813.04 / 25 Bacolod
3,360,000 Founders
= 61,356.52 each

Iloilo founders will pay 73,043.48 each

Bacolod Founders will receive

61,356.52 each

as reimbursement
 Additional payment for Iloilo Founders

750,000 per block- 510,000 3,360,000 / 46

paid up capital = 73,043.48
240,000 gain per block x 73,043.48 x 21 Iloilo Founders
14 blocks =22,400 shares = 1,533,813.04 / 25 Bacolod
3,360,000 Founders
750,000 / 1,600 shares = Php 468.75
= 61,356.52 each
468.75 x 896 = 420,000
22,400 / 46 = 486.95 = 487 shares
487 shares x 468.75 =228,260.87
420,000 -228,260.87

Iloilo founders will pay 73,043.48 each

Bacolod Founders will receive

61,356.52 each

as reimbursement