Tillkännagivande • Jul 22
Forum Pacific, Inc. Announces Committees Changes Forum Pacific, Inc. at its organizational meeting held on July 20, 2026 announced the following committee details. Corporate Governance Committee: Members: Josaias T. Dela Cruz Chairman (Independent Director) Ruben D. Torres Member Lamberto B. Mercado, Jr. Member. Nomination Committee: Elvira A. Ting Chairman; Sergio Antonio S. Ortiz-Luis Member; Ruben D. Torres Member. Executive Committee Elvira A. Ting Chairman Hanniel T. Ngo Member Omar M. Guinomla Member Lamberto B. Mercado, Jr Member Ruben D. Torres Member. Audit Committee Aristeo R. Cruz Chairman Josaias T. Dela Cruz Member Ruben D. Torres Member. Compensation Committee Ruben D. Torres Chairman Elvira A. Ting Member Hanniel T. Ngo Member. Tillkännagivande • Jun 11
Forum Pacific, Inc., Annual General Meeting, Jul 20, 2026 Forum Pacific, Inc., Annual General Meeting, Jul 20, 2026, at 11:00 W. Australia Standard Time. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱316.3m market cap, or US$5.24m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Board Change • Mar 09
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 07
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 05
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱292.9m market cap, or US$5.04m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Board Change • Sep 02
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 08
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Sergio Antonio Ortiz-Luis was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 11
Forum Pacific, Inc., Annual General Meeting, Jul 21, 2025 Forum Pacific, Inc., Annual General Meeting, Jul 21, 2025, at 11:00 W. Australia Standard Time. Tillkännagivande • Jun 09
Forum Pacific, Inc. Announces Resignation of Kenneth T. Gatchalian as Director and Treasurer, Effective June 30, 2025 Forum Pacific, Inc. received the resignation letter of Mr. Kenneth T. Gatchalian, Director and Treasurer, effective at 12 pm of June 30, 2025. This decision comes in view of his recent election as member of the 20th Congress of the Philippines and assumption of public office effective June 30, 2025, which requires his full attention and prohibits him, as a public official, from engaging in private practice or continuing to serve on the Board. Board Change • May 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 24
Forum Pacific, Inc. Auditor Raises 'Going Concern' Doubt Forum Pacific, Inc. filed its Annual on Apr 22, 2025 for the period ending Dec 31, 2024. In this report its auditor, Diaz Murillo Dalupan and Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Board Change • Feb 13
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Sergio Antonio Ortiz-Luis was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Oct 29
Forum Pacific, Inc. Appoints Amando J. Ponsaran, Jr. as Corporate Secretary Forum Pacific, Inc. announced appointment of Amando J. Ponsaran, Jr. as Corporate Secretary, effective October 29, 2024. Mr.Ponsaran heads the Corporate Services group of Corporate Counsels Phils. Law Offices. He is a pioneer in the Firm with 15 years' experience in Corporate Services, including incorporation, company registration, setting-up of domestic entities and assisting foreign entities in obtaining license to do business in the Philippines whether as a Branch, Representative Office, or Regional Office. Aside from primary registration, Mr. Ponsaran handles secondary registration such as securing secondary licenses for financial institutions, insurance broker/agent, recruitment, permit to sell securities, registration of investments with the Bangko Sentral ng Pilipinas, registration with the Philippine Economic Zone Authority, the Board of Investment and HLURB. He provides support services in corporate acquisition, restructuring and re- organization, merger and consolidation (his recent involvement being the consolidation of a Thrift Bank). He also provides support for securities registration and listing, corporate due diligence and handles registration work with Registry of Deeds. Mr.Ponsaran is a graduate of the University of San Agustin- Major in Finance/Marketing and studied law in Arellano Law School and thereafter in Philippine Christian University. Tillkännagivande • Oct 22
Forum Pacific, Inc. Announces the Resignation of Arsenio A. Alfiler, Jr. as Corporate Secretary, Effective Date Is October 31, 2024 Forum Pacific, Inc. announced the resignation of Arsenio A. Alfiler, Jr. as Corporate Secretary due to retirement. Effective Date is October 31, 2024. New Risk • Sep 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (₱235.5m market cap, or US$4.20m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Tillkännagivande • Jun 13
Forum Pacific, Inc. Announces Executive and Committee Changes Forum Pacific, Inc. announced following appointments: Ruben D. Torres as Member Executive Committee, Josaias T. Dela Cruz as Member(Independent Director) Audit Committee. Ruben D. Torres as Chairman Corporate Governance Committee, Atty. Lamberto B. Mercado,Jr. as Member of Corporate Governance Committee. Company announced election of Nomination Committeemembers: Kenneth T. GatchalianL: Chairman,Sergio Antonio S. Ortiz-Luis: Member(Independent Director),Ruben D. Torres: Member. After changes details of committees are as follows: EXECUTIVE COMMITTEE: Elvira A. Ting: Chairman, Kenneth T. Gatchalian: Member, Omar M. Guinomla: Member,Atty. Lamberto B. Mercado,Jr. Member, Ruben D. Torres: Member. Audit Committee:Atty. Aristeo R. Cruz: Chairman (Independent Director], Josaias T. Dela Cruz: Member(Independent Director). Ruben D. Torres: Member. CORPORATE GOVERNANCE COMMITTEE: .Ruben D. Torres: Chairman, Josaias T. Dela Cruz: Member (Independent Director). Atty. Lamberto B. Mercado,Jr.: Member. Tillkännagivande • Mar 26
Forum Pacific, Inc., Annual General Meeting, Jun 11, 2024 Forum Pacific, Inc., Annual General Meeting, Jun 11, 2024. Tillkännagivande • Feb 06
Forum Pacific, Inc. Appoints Sergio Antonio S. Ortiz-Luis as Independent Director and Member of Audit and Executive Committee and as Chairman of Corporate Governance Committee Forum Pacific, Inc. announced the appointment of SERGIO ANTONIO S. ORTIZ-LUIS as Independent Director. Effective Date of appointment is February 5, 2024. He will also seat as member of Audit and Executive Committee; and as chairman of Corporate Governance Committee. Mr. Sergio Antonio S. Ortiz-Luis, 49 years old, Filipino is a graduate of Bachelor of Fine Arts at University of Santo Tomas. He obtained a Certification in Advance Marketing from Centenary University, Hackettstown, New Jersey, USA in 1997. He also attended various seminars such as In- Between Animation in Southern Lights Animation Studios in 1999, seminar on Renewable Energy and Recycling Trade Organization in Osaka, Japan in 2015 and he became a Master Trainer in International Labour Organization in 2022. He is currently affiliated with the following companies: The Events Hive where he is the owner/proprietor since 2012; Canadian Tourism and Hospitality Institute (Director since 2015); Arena Island Beach Resorts, Inc. (Director/Vice President since 2022); Esports World Federation (Vice President since 2022); Toymanila (Director since 2010); Philippine Chamber of Commerce and Industry Youth Committee (Vice Chairman since 2022); Philippine Young Entrepreneurs Association - NCR (President since 2020); FirstKick For Peace (Vice President since 2017) and Brick Traders (Owner/Proprietor since 2019). Tillkännagivande • Feb 03
Forum Pacific, Inc. Announces Resignation of Sergio R. Ortiz-Luis, Jr. as Regular Director Forum Pacific, Inc. announced the resignation of Sergio R. Ortiz-Luis, Jr. as Regular Director. Effective Date of Resignation/Cessation of term January 31, 2024. Reason(s) for Resignation/Cessation Professional and Personalreason. New Risk • Sep 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₱412.9m market cap, or US$7.28m). Tillkännagivande • Aug 22
Forum Pacific, Inc., Annual General Meeting, Oct 04, 2023 Forum Pacific, Inc., Annual General Meeting, Oct 04, 2023, at 14:00 Singapore Standard Time. Agenda: To consider Certification of Notice and Quorum; to consider and approval of the Minutes of the Previous Stockholders' Meeting for the year 2022; to consider and President's Report to the Stockholders for the Year 2022 and Approval of the Annual Report; to consider and Ratifications of the Acts of the Board and Management; to consider and Election of the Board of Directors to Serve for the Term 2023-2024; and to consider other matter also. New Risk • Jul 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (₱242.5m market cap, or US$4.46m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Aristeo Cruz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 23
Forum Pacific, Inc., Annual General Meeting, Oct 05, 2022 Forum Pacific, Inc., Annual General Meeting, Oct 05, 2022, at 02:00 Coordinated Universal Time. Agenda: To consider president's Report to the Stockholders for the Year 2021 and Approval of the Annual Report; to consider ratifications of the Acts of the Board and Management; to consider election of the Board of Directors to Serve for the Term 2022-2023; to consider appointment of External Auditor; and to consider any other matters. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Aristeo Cruz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 27
New 90-day high: ₱0.26 The company is up 21% from its price of ₱0.21 on 27 November 2020. The Filipino market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is flat over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: ₱0.24 The company is up 9.0% from its price of ₱0.22 on 21 October 2020. The Filipino market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 04
New 90-day high: ₱0.23 The company is up 32% from its price of ₱0.18 on 06 August 2020. The Filipino market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: ₱0.22 The company is up 26% from its price of ₱0.18 on 17 July 2020. The Filipino market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 4.0% over the same period.