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 30, 2016

2. SEC Identification Number

184044

3. BIR Tax Identification No.

350000775860

4. Exact name of issuer as specified in its charter

JG Summit Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

43/F Robinsons Equitable Tower ADB Ave. cor. Poveda St. Ortigas Center, Pasig City, Metro Manila Postal Code 1600

8. Issuer's telephone number, including area code

(632) 6337631 to 40

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	7,162,841,657

11. Indicate the item numbers reported herein

Others

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.

JG Summit Holdings, Inc.JGS

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of shares of Global Business Power Corporation
Background/Description of the Disclosure
JG Summit Holdings, Inc. (JGSHI) has agreed to purchase 577,206,290 shares of Global Business Power Corporation (GBPC) consisting of the following (i) 423,284,613 shares from GT Capital Holdings, Inc. and (ii) 153,921,677 shares from MERALCO PowerGen Corporation.

Date of Approval by Board of Directors	Jun 30, 2016

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
To expand JGSHI’s participation in the power sector

Details of the acquisition or disposition

Date	Jun 30, 2016

Manner
Share purchase
Description of the company to be acquired or sold
GBPC is one of the leading independent power producers in the Visayas region and Mindoro island with a combined gross maximum capacity of 704 MW comprising 696.5 MW of power supplied to the Visayas grid and 7.5 MW of power supplied within Mindoro island.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	577,206,290
Percentage to the total outstanding shares of the company subject of the transaction	30
Price per share	20.47 per share

Nature and amount of consideration given or received
Less than 10% of JGSHI’s stockholder’s equity as of end March 2016
Principle followed in determining the amount of consideration
Enterprise Value
Terms of payment
Cash
Conditions precedent to closing of the transaction, if any
Submission of corporate documents
Any other salient terms
N/A

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
GT Capital Holdings, Inc. and Meralco PowerGen Corporation	None

Effect(s) on the business, financial condition and operations of the Issuer, if any
The acquisition is expected to expand and further strengthen JGSHI’s presence in the power sector.
Other Relevant Information
NA