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)

Nov 11, 2016

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Makati, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228

8. Issuer's telephone number, including area code

(632) 5197888

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

Southeast Asia Cement Holdings, Inc.

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	7,003,920,939

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.

Global Ferronickel Holdings, Inc.FNI

PSE Disclosure Form 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure
Subscription of Joseph C. Sy to the increase in the authorized capital stock of FNI
Background/Description of the Disclosure
The Board of Directors and Stockholders of FNI approved the increase in the authorized capital stock of FNI to eliminate fractional shares resulting to the increase in the par value of FNI common shares on August 22, 2016 and October 3, 2016, respectively. Pursuant to the increase in the authorized capital stock, Joseph C. Sy subscribed to the increase in the amount of P20,000.40 at a par value of P1.05.

Name of Person	Joseph C. Sy
Position/Designation	Chairman

For Equity Securities

Type of Security / Stock Symbol	Date of Transaction	Securities Acquired (A) or Disposed (D)			Ownership Form Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
		Number of Shares	(A) or (D)	Price per Share
common stock/FNI	Nov 7, 2016	19,048	A	1.05	D	n.a.

Number of Shares Owned after the Transaction

Direct	19,049
Indirect	8,488,863,211