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)

Jun 22, 2016

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

NO. 10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371 1111

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 SHARES	1,200,000,000

11. Indicate the item numbers reported herein

ITEM NO. 4 : ELECTION OF OFFICERS

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of the Organizational Meeting of the Board of Directors of SBS Philippines Corporation held on 22 June 2016
Background/Description of the Disclosure
Line-up of Officers and Members of Board Committees elected for the ensuing fiscal year 2016-2017

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Position/Designation	Shareholdings in the Listed Company		Nature of Indirect Ownership
		Direct	Indirect
NECISTO U. SYTENGCO	CHAIRMAN OF THE BOARD	25,286,000	430,293,900	Held by members of the officer
GERRY D. TAN	PRESIDENT & CHIEF EXECUTIVE OFFICER	25,000	0	N/A
ESMERALDO A. TEPACE	EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER	180,400	0	N/A
VICTORINA B. LADRINGAN	EXECUTIVE VICE PRESIDENT & CHIEF INVESTMENTS OFFICER	470,000	0	N/A
AYLENE Y. SYTENGCO	CHIEF FINANCIAL OFFICER & TREASURER	6,125,100	44,603,900	Held by members of the officer;s immediate family and by a corporation of which such officer is a controlling shareholder (Bluepalms Phils Corp)
NECISTO Y. SYTENGCO II	SENIOR VICE PRESIDENT FOR MARKETING OPERATIONS & ASSISTANT TREASURER	3,700,000	15,000,000	Held by a corporation of which such officer is a controlling shareholder (Aveluz Holdings Corporation
LALI Y. SYTENGCO	VICE PRESIDENT FOR PURCHASING	220,000	34,595,400	Held by members of the officer;s immediate family sharing the same household
NED BRYAN Y. SYTENGCO	VICE PRESIDENT FOR INVESTMENTS	2,420,000	15,685,000	Held by a corporation of which such officer is a controlling shareholder (Yenster Philippines)
REGINA SIMONA B. DE GUZMAN	GENENAL COUNSEL, CORPORATE SECRETARY & COMPLIANCE OFFICER	50,000	0	N/A
JENNIFER B. BALAO	ASSISTANT VICE PRESIDENT FOR ACCOUNTING	15,000	0	N/A
EMERSON P. PAULINO	INTERNAL AUDITOR	0	0	N/A

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
EXECUTIVE COMMITTEE	NECISTO U. SYTENGCO	CHAIRMAN
EXECUTIVE COMMITTEE	GERRY D. TAN	MEMBER
EXECUTIVE COMMITTEE	ESMERALDO A. TEPACE	MEMBER
EXECUTIVE COMMITTEE	VICTORINA B. LADRINGAN	MEMBER
EXECUTIVE COMMITTEE	AYLENE Y. SYTENGCO	MEMBER
EXECUTIVE COMMITTEE	NECISTO Y. SYTENGCO II	MEMBER
AUDIT & RISK MANAGEMENT COMMITTEE	LILIAN S. LINSANGAN	CHAIRPERSON
AUDIT & RISK MANAGEMENT COMMITTEE	ROSALEO M. MONTENEGRO	MEMBER
AUDIT & RISK MANAGEMENT COMMITTEE	RICARDO NICANOR N. JACINTO	MEMBER
AUDIT & RISK MANAGEMENT COMMITTEE	VICTORINA B. LADRINGAN	MEMBER
AUDIT & RISK MANAGEMENT COMMITTEE	AYLENE Y. SYTENGCO	MEMBER
NOMINATION & CORPORATE GOVERNANCE COMMITTEE	ROSALEO M. MONTENEGRO	CHAIRMAN
NOMINATION & CORPORATE GOVERNANCE COMMITTEE	RICARDO NICANOR N. JACINTO	MEMBER
NOMINATION & CORPORATE GOVERNANCE COMMITTEE	VICTORINA B. LADRINGAN	MEMBER
REMUNERATION COMMITTTEE	ROSALEO M. MONTENEGRO	CHAIRMAN
REMUNERATION COMMITTEE	VICTORINA B. LADRINGAN	MEMBER
REMUNERATION COMMITTEE	AYLENE Y. SYTENGCO	MEMBER

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Please see attached disclosure-letter on the appointments made by the Board of Directors in its Organizational Meeting held on 22 June 2016
Other Relevant Information
none