CEBU PEOPLE’S MULTI-PURPOSE COOPERATIVE

50 T. Abella Street, San Nicolas Proper, Cebu City

Tel. No. 418-9288

INTENT TO SELL SHARE CAPITAL

Date: June 19, 2023

TO: THE BOARD OF DIRECTORS

Cebu People’s Multi-Purpose Cooperative

Thru: Office of the Chief Executive Officer

Dear Sir/Madam:

I, Elizabeth G. Antigua , member of Cebu People’s Multi-Purpose Cooperative- Quezon City Branch with Client
ID# 503785 001637259 5) (0020-0001625-9 having a Share Capital amounting to Seven Thousand One hundred Fifty five
and thirty five centavos (PhP 7155.35 ) would like to sell my share capital amounting to Seven Thousand One hundred
Fifty five and thirty five centavos (PhP) 7155.35 equivalent to 7155.35 shares.

PURPOSE/REASONFOR SELLING THE SHARE CAPITAL: __Withdrawal__

Sincerely yours.

_________Elizabeth G. Antigua_______
Printed Name over Signature of Member

BOARD ACTION
We hereby approved/disapproved the SELLING OF SHARE CAPITAL of the abovementioned member of Cebu People’s
Multi-Purpose Cooperative-_______ Branch.

_____________________ ______________________ __________________________

Chairperson Secretary Member
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CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER
This is to certify that the said member as abovementioned with Client ID#____________ has willingly sell his/her
Share Capital to ________________________ effective today,_________.

This is to certify further, that he/she was given an amount of __________________ (PhP _________) equivalent
to his/her share capital being sold and the corresponding savings deposit and any interest hereof.

****FOR DELIQUENT ACCOUNT********

The member has signed PN #________ as waiver to pay loans obligations in due time per agreement with
management.
Member willingly surrendered the amount of Php ________ share capital as to final recourse of payment,
any balance will be paid based on the agreement.
_____________________
Chief Executive Officer
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I, _______________________, certify that I have received the amount of P_____________, equivalent to my
fixed deposit and savings deposit and interest thereof from CEBU PEOPLE’S MULTI-PURPOSE COOPERATIVE, as
per record,
( ) I am a member in good standing but with a valid request for withdrawal.
( ) due to my delinquent amount, I willingly surrender Php _____________ as payment for the loan and having
understood the agreed documents I have signed above.

___________________________________
Signature of member