COVER SHEET - 2Go
COVER SHEET - 2Go
COVER SHEET - 2Go
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Voting trust holders of 5% or More<br />
No person holds more than five per centum (5%) of a class under a voting trust agreement or similar<br />
arrangement.<br />
Changes in Control<br />
In December 28, 2010, NENACO purchased the shareholdings of Aboitiz Equity Ventures, Inc. (AEV) in<br />
ATS comprising 1,889,489,607 common shares at a purchase price of approximately PhP3.55 billion<br />
and the shareholdings of Aboitiz & Company, Inc. (ACO) in ATS comprising 390,322,384 common<br />
shares at a purchase price of approximately PhP734 million.<br />
In February 2011, as a result of the mandatory Tender Offer, NENACO purchased an additional<br />
120,330,004 common shares in ATS. NENACO now owns 2,400,141,995 common shares of ATS,<br />
equivalent to 98.12%<br />
Item 5. DIRECTORS AND A<br />
EXECUTIVE OFFICERS<br />
Board of Directors, Including Independent Directors and Executive Officers<br />
The names, ages, citizenship, position and offices held or will hold, and brief description of business<br />
experience during the past 5 years (except those years stated otherwise) and other directorships held<br />
in reporting companies, including name of each company, of all directors and executive officers are as<br />
follows:<br />
Mr. Jon Ramon M. Aboitiz, 62 years old, Filipino, has served as Chairman of the Board since 2002 and a<br />
Director since 1996. His other positions include Chairman of the Board of Directors of Aboitiz Equity<br />
Ventures, Inc., Aboitiz and Company. Inc., and Aboitiz Jebsen Bulk Transport Corporation, and Vice<br />
Chairman of the Board of Directors of Union Bank of the Philippines and Aboitiz Power Corporation;<br />
President of Aboitiz Foundation, Inc. and Trustee and Vice President of the Ramon Aboitiz Foundation,<br />
Inc. He graduated with a degree in Commerce major in Management from the University of Santa<br />
Clara, California, U.S.A.<br />
Mr. Sulficio O. Tagud, Jr., 60 years old, Filipino, has served as President, Chief Executive Officer, and<br />
Director of ATS since December 2010. He has also served as the Chairman and President of KGLI-NM<br />
Holdings, Inc. since July 2008; Chairman and Chief Executive Officer of NENACO since August 2004;<br />
and President of One Urban Resource and Property Management Company since September 2003. He<br />
graduated Class Valedictorian with a Bachelor of Science degree in Business Administration, major in<br />
Economics (Magna Cum Laude) at Xavier University, Cagayan De Oro City. He also completed his<br />
Masters in Industrial Economics at the Center for Research and Communication in Manila, and<br />
Masters in Business Administration at the Ateneo de Manila University. He also completed Real Estate<br />
Development Program at the Urban Land Institute at Washington, D.C., U.S.A.<br />
Mr. Jeremias E. Cruzabra, 44 years old, Filipino, has served as Director of ATS since December 2010.<br />
He has also served as the Chief Finance Officer of NENACO since April 2004; Chief Finance Officer and<br />
Board Director of KGLI-NM Holdings, Inc. since July 2008; Court-Appointed Receiver of Selegna<br />
Holdings Corporation since November 2006; Chief Finance Officer (and later Trustee) of Sapphire<br />
Securities, Inc. (owned by the Brunei Investment Agency) from 1997 to 1999. He started his career with<br />
SGV & Co. (a member company of Ernst & Young) from 1988 to 1992. Mr. Cruzabra, who is a Certified<br />
Public Accountant (CPA), graduated with a Bachelor of Science degree in Commerce, major in<br />
Accounting (Magna Cum Laude) from the University of Luzon, and has completed his Masters in<br />
Business Administration at Murdoch University in Perth, Western Australia.<br />
Amb. Raul Ch. Rabe, 70 years old, Filipino, has been an Independent Director of ATS since December<br />
2010. He has also served as a member of the Board of Directors of KGLI-NM Holdings, Inc. since July<br />
2008; Bancommerce Investment Corporation since 2007; PET Plans, Inc. since 2007; Vivant<br />
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