ARTICLES OF INCORPORATION OF
THAT WE HEREBY CERTIFY: FIRST: The name of the said corporation shall be:
SECOND:
To engage in the business of clothing line, producing and distributing different styles of clothing materials and to receive and collect fees for such services.
B. That the corporation shall have all the express powers of a corporation as provided for under Section 36 of the Corporation Code of the Philippines.
THIRD:
established is at:
FOURTH: That the term for which the corporation is to exist is fifty (50) years from and after the date of issuance of the certificate of incorporation.
FIFTH: That the names, nationalities, and residences of the incorporators are
as follows: Name
Ireen Joy Villanueva Rose Anne Cecille del Rosario Daylene dela Cruz Marjorie Gonzaga Krizzane Loraine Salloman
Nationality
Filipino Filipino Filipino Filipino Filipino
SIXTH: That the number of directors of said corporation shall be five (5) and that the names, nationalities and residences of the first directors who are to serve until their successors are elected and qualified as provided by the by-laws are as follows:
Name
Ireen Joy Villanueva Rose Anne Cecille del Rosario Daylene dela Cruz Marjorie Gonzaga Krizzane Loraine Salloman
Nationality
Filipino Filipino Filipino Filipino Filipino
SEVENTH: That the authorized capital stock of the corporation is five million
(P5,000,000.00) pesos in lawful money of the Philippines, divided into fifty thousand (50,000) shares with the par value of one hundred (P 100.00) pesos per share.
EIGHT: That at least 25% of the authorized capital stock has been subscribed and at least 25% of the total subscription has been paid as follows:
No. of Shares Subscribed
2500 2500 2500 2500 2500
Name
Ireen Joy Villanueva Rose Anne Cecille del Rosario Daylene dela Cruz Marjorie Gonzaga Krizzane Loraine Salloman
Nationality
Filipino Filipino Filipino Filipino Filipino
Amount Subscribed
250,000.00 250,000.00 250,000.00 250,000.00 250,000.00
Amount Paid
62,500.00 62,500.00 62,500.00 62,500.00 62,500.00
TOTAL
NINTH: No transfer of stock or interest which would reduce the stock ownership of Filipino citizens than required percentage of the capital stock as provided by existing laws shall be allowed or permitted to be recorded in the proper books of corporation and this restriction shall be indicated in the stocks certificates issued by the corporation.
TENTH: That Krizzane Loraine Salloman has been elected by the subscribers
as treasurer of the corporation to act as such until his/her successor is duly elected and qualified in accordance with the by-laws; and that as such Treasured, he/she has been authorized to receive for and in the name and for the benefit of the corporation, all subscriptions paid by the subscribers.
ELEVENTH: That the incorporators undertake to change the name of the corporation immediately upon the receipt of notice or directive from the Securities and Exchange Commission that another corporation, partnership or person has acquired a prior right to the use of that name or that name has been declared misleading, deceptive, confusingly similar to a registered name, or contrary to public morals, good customs or public policy.
In Witness Whereof, we have set our hands this 15th day of March, 2011 at Davao City.
ACKNOWLEDGEMENT
Republic of the Philippines) City of Davao )S.S. BEFORE ME, a Notary Public in and for DAVAO CITY Philippines, this 15th day of March, 2011 personally appeared: Identification / Community Tax Certificate No. 10948551 13075983 10357992 19383549 10795237
Name
Date & Place Issued 2/02/2010 1/09/2010 5/05/2010 3/27/2010 4/07/2010 Davao City Davao City Davao City Davao City Davao City
Ireen Joy Villanueva Rose Anne Cecille del Rosario Daylene dela Cruz Marjorie Gonzaga Krizzane Loraine Salloman
all known to me and to me known to be the same persons who executed the foregoing Articles of Incorporation and they acknowledged to me that the same is their free and voluntary act and deed. IN TESTIMONY WHEREOF, I have hereunto se my hand and affixed my notarial seal on the date and at the place first above written
NOTARY PUBLIC
Doc No. 80; Page No. 15; Book No. 3; Series of 2011.
Submitted by: Rose Anne Cecille del Rosario Ireen Joy Villanueva Daylene dela Cruz Marjorie Gonzaga March 15, 2011