Kiri Industries Subsidiary Completes Makilala Mining Share Transfer

Kiri Industries Limited announced the completion of the share transfer process for 20,000,000 shares of Makilala Mining Company, Inc. (MMCI), representing 40% of its issued and outstanding share capital. The shares were acquired by Equinaire Holdings Limited (EHL), a wholly owned subsidiary of Kiri Industries, through a public auction. The Philippine Bureau of Internal Revenue issued an Electronic Certificate Authorizing Registration (eCAR) on October 26, 2026, facilitating the transfer. Following the eCAR's presentation to MMCI's Corporate Secretary, the transfer was recorded, and a new stock certificate was issued to EHL. EHL is now the registered holder of these shares and their associated rights.