C06459-2016

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 15, 2016
2. SEC Identification Number
1746
3. BIR Tax Identification No.
000-126-853-000
4. Exact name of issuer as specified in its charter
STI Education Systems Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, STI Holdings Center, 6764 Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 844-9553
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 9,904,806,924
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.

STI Education Systems Holdings, Inc.STI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

K to 12 enrollments push STI Holdings profits as net income soars by 60%

Background/Description of the Disclosure

MANILA – STI Holdings, owner of one of the biggest network of private schools in the Philippines, today reported a net income of P542.9 million during the six months ending September 30, 2016.

Other Relevant Information

This amends the disclosure this afternoon with respect to results of STI Holdings 17-Q as of 30 September 2016.

1) The fifth paragraph of the disclosure is amended as follows:

From: STI Holdings also said total assets also grew as of September 30, 2016 amounting to P11.89 billion, 13 percent or P1.39 billion higher than the balance as at March 31, 2016. It said this “was largely due to the increase in receivables, mostly pertaining to receivables for tuition and other school fees.”

To: STI Holdings also said total assets also grew as of September 30, 2016 amounting to P11.89 billion, 13 percent or P1.39 billion higher than the balance as at March 31, 2016. Contributing to this is the 2,332.5 square-meter property in Makati purchased by STI Holdings last August.

The amended paragraph mentions that “the 2,332.5 square-meter property in Makati purchased by STI Holdings last August” contributed to the increase in total assets.

2) The seventh paragraph of the disclosure is amended as follows:

From: Driving the growth in enrollment is the network’s K to 12 program, where a total of 40,085 senior high school students enrolled in educational institutions operated by STI Education Services Group (STI ESG), Information and Communications Technology Academy (iACADEMY), and STI West Negros University (STI WNU).

To: Driving the growth in enrollment is the network’s K to 12 program, where a total of 39,206 senior high school students enrolled in educational institutions operated by STI Education Services Group (STI ESG), Information and Communications Technology Academy (iACADEMY), and STI West Negros University (STI WNU).

The amended paragraph corrected the number of SHS enrollees from 39,206 (and not 40,085) , a number which comprise 38 percent of enrollees.

Filed on behalf by:
Name Arsenio Cabrera, Jr.
Designation Corporate Secretary