SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Mar 27, 2015

2. SEC Identification Number

145490

3. BIR Tax Identification No.

000-144-386

4. Exact name of issuer as specified in its charter

SHANG PROPERTIES, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

5th Floor, Shangri-La Plaza, EDSA corner Shaw Boulevard, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

6323702700

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common	4,764,058,982

11. Indicate the item numbers reported herein

item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Shang Properties, Inc.SHNG

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of Cash Dividends
Background/Description of the Disclosure
-

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	Mar 27, 2015
Other Relevant Regulatory Agency, if applicable	-
Date of Approval by Relevant Regulatory Agency, if applicable	Mar 27, 2015
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	0.08500
Record Date	Apr 15, 2015
Payment Date	Apr 20, 2015

Source of Dividend Payment
Unrestricted retained earnings as refected in the audited financial statements as of 31 December 2014
Other Relevant Information
N/A