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)

Sep 7, 2016

2. SEC Identification Number

39652

3. BIR Tax Identification No.

004-844-938

4. Exact name of issuer as specified in its charter

Medco 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

31st Floor, Rufino Pacific Tower, 6784 Ayala Avenue, Makati City, Metro Manila, Philippines Postal Code 1229

8. Issuer's telephone number, including area code

(632) 811-0465 to 66

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

-

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	700,000,000

11. Indicate the item numbers reported herein

One

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.

MEDCO Holdings, Inc.MED

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
News Article under Biz Buzz column posted in Inquirer.net on September 7, 2016

Source	Inquirer.net
Subject of News Report	Not Okada
Date of Publication	Sep 7, 2016

Clarification of News Report
We write to reply to your request for our comment with respect to the attached news article under Biz Buzz column entitled “Not Okada” posted in Inquirer.net on September 7, 2016. The article reported in part that: “SHARES of holding firm Medco Holdings have sizzled in the stock market in the last few days on speculation that this could be the backdoor-listing vehicle to be used by Tiger Resort Leisure and Entertainment Inc., the local unit of Japanese tycoon Kazuo Okada that is developing the $2.4 billion Okada Manila the newest integrated resort to rise in Pagcor City before yearend. . . . . But for stock pundits expecting this to be the future holding firm for Okada Manila, a source privy to the Tiger Resort group said that the rumors were not true. While backdoor-listing has been cited as an option for the Okada group, our source said there was no deal on the table with Medco. If there are other groups looking at Medco as potential a backdoor-listing vehicle, that story hasn’t spilled into the grapevine yet. . . . .” Please be informed that there is no truth to this rumor. Medco Holdings, Inc. has not held any discussions with the Okada Manila group in connection with the use of Medco as a potential backdoor-listing vehicle. We trust that we have sufficiently clarified this matter.
Other Relevant Information
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