Republic of the Philippines

Laoag City

)
) s.s.

ARTICLES OF INCORPORATION
OF
GRAVITY INCORPORATION
KNOW ALL MEN BY THESE PRESENTS:
That we, JANE OINEZA, JERON TENG, CHESSA MARTIN, JAN ENRIQUEZ
and KRISSY AQUINO all of legal age, citizens and residents of the Republic of the
Philippines, have this day voluntarily associated ourselves together for the purpose of forming a
corporation under the laws of the Philippines.
AND WE HEREBY CERTIFY:
FIRST: That the name of said corporation shall be: GRAVITY CORPORATION
SECOND: A. That the purpose for which the said corporation is formed is:
PRIMARY PURPOSE
To acquire by purchase, lease or otherwise, buildings, improvements, condominiums,
lands, interests in lands; to own, hold, improve, sell, lease, develop and manage any real estate so
acquired; to erect, construct, alter or cause to be erected on any lands owned, held or occupied,
buildings and other structures with their appurtenances; to rebuild, enlarge, alter or improve any
building or buildings and structures now or may hereafter be erected on any land so owned, held,
occupied or held by the corporation; and to carry on the business of buying, selling or otherwise
dealing in real estate, engaging in real estate subdivision business.
SECONDARY PURPOSES
1. To engage in and conduct the business of general construction such as but not limited to
building of condominium units, townhouses, industrial and commercial centers, office
and commercial buildings, factories, waterworks, roads, highways, power plants, dams,
ports, canals and all kinds of civil, electrical, mechanical, and similar and miscellaneous
works;
2. To buy or otherwise acquire tracts or parcels of land, improve and develop them for
residential, industrial, commercial or agricultural purposes;
3. To carry on a general mercantile and commercial business of buying, selling, trading,
importing, exporting, indenting, or otherwise dealing in any lawful goods, wares,
merchandise, and commodities of all kinds, on wholesale or retail;
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: That the place where the principal office of the corporation is to be established or
located is in the City of Laoag, Ilocos Norte.
FOURTH: That the term for which said corporation is to fifty years from and after the date of
incorporation.

FIFTH: That the names, nationalities and residences of the incorporators of said corporation are
as follows:
NAME

NATIONALITY

RESIDENCE

JANE OINEZA

FILIPINO

LAOAG CITY, ILOCOS NORTE

JERON TENG

FILIPINO

LAOAG CITY, ILOCOS NORTE

CHESSA MARTIN

FILIPINO

LAOAG CITY, ILOCOS NORTE

JAN ENRIQUEZ

FILIPINO

LAOAG CITY, ILOCOS NORTE

KRISSY AQUINO

FILIPINO

LAOAG CITY, ILOCOS NORTE

SIXTH: That the number of directors of the corporation shall be FIVE (5) and that the names,
nationalities and residences of the directors who are to serve until their successors are elected
and qualified as provided by the by-laws are as follows:
NAME

NATIONALITY

RESIDENCE

JANE OINEZA

FILIPINO

LAOAG CITY, ILOCOS NORTE

JERON TENG

FILIPINO

LAOAG CITY, ILOCOS NORTE

CHESSA MARTIN

FILIPINO

LAOAG CITY, ILOCOS NORTE

JAN ENRIQUEZ

FILIPINO

LAOAG CITY, ILOCOS NORTE

KRISSY AQUINO

FILIPINO

LAOAG CITY, ILOCOS NORTE

SEVENTH: That the authorized capital stock of said corporation is FIFTY MILLION (Php
50, 000,000.00), Philippine currency, and said capital stock is divided into TEN (10) with a par
value FIVE MILLION PESOS (Php 5, 000,000.00) each.
EIGHT: That the amount of capital stock which has been actually subscribed is TWENTY-FIVE
MILLION (Php 25, 000,000.00) and the following persons have subscribed for the number of
shares and the amount of capital stock indicated opposite their respective names:
NAME

CITIZENSHIP

NO. OF SHARES

AMOUNT

JANE OINEZA

FILIPINO

Php 5, 000,000.00

JERON TENG

FILIPINO

Php 5, 000,000.00

CHESSA MARTIN

FILIPINO

Php 5, 000,000.00

JAN ENRIQUEZ

FILIPINO

Php 5, 000,000.00

KRISSY AQUINO

FILIPINO

Php 5, 000,000.00

NINTH: That the following persons have paid on the shares of capital stock for which they have
subscribed, the amount set out after their respective names:

NAME

AMOUNT PAID

JANE OINEZA

Php 3, 000,000.00

JERON TENG

Php 3, 000,000.00

CHESSA MARTIN

Php 3, 000,000.00

JAN ENRIQUEZ

Php 3, 000,000.00

KRISSY AQUINO

Php 3, 000,000.00

TENTH: That no issuance or transfer of shares of stock of the corporation which would reduce
the stock ownership of Filipino citizens to less than the percentage of the outstanding capital
stock required by laws to be owned by Filipino citizens, shall be allowed or permitted to be
recorded in the books of corporation. This restriction shall be printed or indicated in all the
certificates of stock to be issued by the corporation.
ELEVENTH: That Angelina Jolie has been elected by the subscriber as Treasurer of the
corporation to act as such until his/her successor is duly elected and shall have qualified in
accordance with the by-laws, and that, as such Treasurer he/she has been authorized to receive
for the corporation, and to issu in its name receipts for all subscriptions paid in by the
subscribers.
IN WITNESS WHEREOF, we have hereunto set our hands this 9th day of December 2014 in
Laoag City, Ilocos Norte.

JANE OINEZA
Affiant

JERON TENG
Affiant

CHESSA MARTIN
Affiant

JAN ENRIQUEZ
Affiant
KRISSY AQUINO
Affiant

Signed in the presence of:

DARLA SAULER
Witness

PRINCESS FRANCE
Witness

ACKNOWLEDGEMENT
Republic of the Philippines )
City of Laoag
) S.S
BEFORE ME, a Notary Public in the City of Laoag, personally appeared the following
persons below-stated, both known to me and to me known to be the same persons who executed
the foregoing instrument, and they acknowledge to me that the same is their free and voluntary
act and the deed of the corporation they respectively represent:
NAME

SSS ID No.

ISSUED AT

JANE OINEZA

14-111

LAOAG CITY, ILOCOS NORTE

JERON TENG

12-555

LAOAG CITY, ILOCOS NORTE

CHESSA MARTIN

15-000

LAOAG CITY, ILOCOS NORTE

JAN ENRIQUEZ

11-888

LAOAG CITY, ILOCOS NORTE

KRISSY AQUINO

13-222

LAOAG CITY, ILOCOS NORTE

This instrument, consisting of FIVE (5) PAGES, including this page where this
acknowledgment is written and the Treasurers affidavit, has been signed by the parties and their
respective instrumental witnesses on each and every page hereof.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal this 9th day
of December 2014 at Laoag City, Ilocos Norte.

ATTY. JENALYN B. DACQUEL

Notary Public
Commission Serial no. 111
Until December 31, 2020
Roll of Attorney No. 111
PTR No.151
IBP No. 11155
Doc no.111
Page no. 101
Book no. 011
Series of 2014.

TREASURERS AFFIDAVIT
Republic of the Philippines )
City of Laoag
) S.S
Province of Ilocos Norte
)
I, ANGELINA JOLIE being duly sworn in accordance with law depose and say that:
I have been elected by the subscribers of the corporation as Treasurer thereof to act as such until
my successor has been duly elected and qualified in accordance with the by-laws of the
corporation, and that, as such Treasurer, I hereby certify under oath that at least 25% of the
authorized capital stock of the corporation has been subscribed and at least 25% of the
subscription has been paid, and received by me in cash property for the benefit and credit of the
corporation.
This is also to authorize the Securities and Exchane Commission and Bangko Sentral ng
Pilipinas to examine and verify the deposit in the BANK OF PHILIPPINE ISLANDS LAOAG
CITY BRANCH in my name as treasurer in trust for GRAVITY CORPORATION in the
amount of TWENTY-FIVE MILLION (Php 25, 000,000.00) representing the paid-up capital
of said corporation which is in the process of incorporation. This authority is valid and inspection
of said deposit may be made even after the issuance of the Certificate of Incorporation by the
corporation. Should the deposit be transferred to another bank prior to or after incorporation, this
will also serve as authority to verify and examine the same. The representative of Securities and
Exchange Commission is also authorized to examine pertinent books abd records of accounts of
the corporation as well as all supporting papers to determine the utilization and disbursement of
the said paid-up capital.
In case the said paid-up capital is not deposited or withdrawn prior to the approval of the
articles of incorporation, I, in behalf of the above named corporation, waive our right of a notice
and hearing in the revocation of our Certificate of Incorporation.

ANGELINA JOLIE
TREASURER
SUBSCRIBED AND SWORN to before me this 9th day of December 2014, affiant
exhibiting to me her SSS ID No.444467757 issued on May 2000 at Laoag City, Ilocos Norte as a
competent proof of her identity..
WITNESS MY HAND AND NOTARIAL SEAL on the day, year, and place above-written.

ATTY. JENALYN B. DACQUEL

Notary Public
Commission Serial no. 111
Until december 31, 2020
Roll of Attorney No. 111
PTR No.151
IBP No. 11155
Doc no.112
Page no. 101
Book no. 011
Series of 2014.