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Dept. Requiring this Doc. Amended Articles Number/Section
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ST AMPS
SECURITIES AND EXCHANGE COMMISSION
1. 28 September 2020
Date of Report (Date of earliest event reported)
8. (632)8844-9553
Issuer's telephone number, including area code
9.
10. Securities Registered Pursuant to Section 8 and 12 of the SRC or Sections 4 and 8
of the RSA
Common 9,904,806,924
Among the initiatives are the strengthening of school policies that will
safeguard the health and well-being of students and employees, and ensuring access
to quality education through continuous program reviews as well as financial
assistance programs and scholarships.
"The group has been quick to beef up its already outstanding learning
management systems and forge partnerships with key telecommunications players
to provide the students with Internet connectivity assistance," STI Holdings
Chairman Eusebio H. Tanco and President and CEO Monico V. Jacob jointly said in
the sustainability report.
Mr. Tanco and Mr. Jacob likewise assured students and parents that STI
Holdings is doing its best to ensure the quality of education amid the "new normal."
"Our faculty, through continuous and rigorous trainings, are well-equipped to
deliver lessons and conduct consultations online."
STI Holdings reported that its total assets were valued at P15.2 billion for
fiscal year 2019-20. Based on the company's annual report submitted to the
Philippine Stock Exchange, the assets' value increased by P384.3 million from the
P14.8 billion it posted at the end of its previous fiscalyear.
The appreciation in asset values was largely due to the increase in cash and
cash equivalents, receivables,and property and equipment.
2
completed STI Academic Center in Legazpi City. The four-storey building, which
stands on a 4,149-square meter property, can accommodate around 2,500 students.
Prior to the completion of the STI Academic Center Legazpi, four other
academic centers were built in Lipa City, Batangas; San Jose Del Monte City, Bulacan;
Sta. Mesa, Manila; and along EDSA in Pasay City.
STI ESG remains committed to educating the Filipino youth by enhancing its
programs and making relevant investments including the acquisition of a simulator
and other maritime equipment, specifically for the courses of NAMEI, which it
acquired in 2019.
Founded on February 14,1948, STI WNU was granted its university status by
the Commission on Higher Education on February 11, 2008. STI WNU's campus sits
on a 3.1-hectare property in the heart of Bacolod City.
iACADEMY is the premier school in the group that has senior high school
and college programs centered on computing, business, and design. It offers
specialized courses such as software engineering, game development, animation,
multimedia arts and design, fashion design and technology, film and visual effects
and real estate management.
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SIGNATURE
s Holdings, Inc.
28 September 2020
Date