ACE MEDICAL CENTER GENSAN


Allied Care Experts Medical Center – Gensan, Inc. (ACE MEDICAL CENTER - GENSAN) is a stock corporation duly organized under the laws of the Republic of the Philippines on June 10, 2016. ACE Gensan originally had an authorized capital stock of One Hundred Twenty Million Pesos (120,000,000.00) divided into Six Hundred (600) Founder Shares,Fifty-Nine Thousand Four Hundred (59,400) Common Shares and Sixty Thousand (60,000) Preferred Shares, all with a par value of One Thousand Pesos (P1,000.00) per share.


On May 15, 2018, the Securities and Exchange Commission approved the Issuer’s application to increase its authorized capital stock from One Hundred Twenty Million Pesos (120,000,000.00) divided into Fifty Nine Thousand Four Hundred (59,400) Common Shares and Sixty Thousand (60,000) Preferred Shares, all with a par value of One Thousand Pesos (P1,000.00) per share to Two Hundred Forty Million Pesos (240,000,000.00) divided into Six Hundred (600) Founders’ shares,One Hundred Seventy-Nine Thousand Four Hundred (179,400) Common shares and Sixty Thousand (60,000) Preferred shares, all with a par value of One Thousand Pesos (P1,000.00) per share. As such, as of the date of this Preliminary Prospectus, One Hundred Ninety Two Thousand (192,000) shares consisting of Six Hundred (600) Founders’ shares, One Hundred Thirty-One Thousand Four Hundred (131,400) Common shares and Sixty Thousand (60,000) Preferred Shares all with a par value of One Thousand Pesos (P1,000.00) per share have been subscribed.

Core Business:


ACE Medical Center - Gensan, Inc. was established to maintain,operate, own, and manage hospitals, medical and related healthcare facilities and businesses such as, but without restriction to clinical laboratories, diagnostic centers, ambulatory clinics, condo hospitals, scientific research and other allied undertakings and services which shall provide medical,surgical, nursing, therapeutic, paramedic, or similar care, provided that purely professional, medical or surgical services shall be performed by duly qualified physicians or surgeons who may or may not be connected with the hospitals and whose services shall be freely and individually contracted by the patients.

SEC Certificate of Registration

ACE MEDICAL CENTER LOCATION