Remarks C06977-2016

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)
Dec 15, 2016
2. SEC Identification Number
A200016575
3. BIR Tax Identification No.
055-695-791
4. Exact name of issuer as specified in its charter
Alterra Capital Partners. Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor, 1128 38th Avenue, Fort Bonifacio Global City, Taguig City, Metro Manila Postal Code 1634
8. Issuer's telephone number, including area code
(02)5519639
9. Former name or former address, if changed since last report
7487 Bagtikan St. San Antonio, Makati City
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 311,380,300
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.

Alterra Capital Partners, Inc.ALTStock Symbol

PSE Disclosure Form 4-12 - Change in Par Value References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

The Securities and Exchange Commission approved the change in par value of capital stock to P0.25/share.
Background/Description of the Disclosure

The Securities and Exchange Commission approved the amendment of the Articles of Incorporation to increase the par value from Php0.05 to Php0.25.
Date of Approval by
Board of Directors		 Sep 14, 2016
Date of Approval by
Stockholders		 Oct 20, 2016
Date of Approval by
Securities and Exchange Commission		 Dec 12, 2016
Previous Par Value 0.05
New Par Value 0.25
Rationale for the change in par value of the Issuer's shares

The change in par value is intended to improve liquidity of the shares of the Company for the benefit of shareholders.

Effects on Capital Structure

Issued Shares
Type of Security /Stock Symbol Before After
Common Shares 311,380,300 62,276,060
Outstanding Shares
Type of Security /Stock Symbol Before After
Common Shares 311,380,300 62,276,060
Treasury Shares
Type of Security /Stock Symbol Before After
n/a - -
Listed Shares
Type of Security /Stock Symbol Before After
Common Shares 311,380,300 62,276,060

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent
Name Banco de Oro - Stock and Transfer Department
Address 5th Floor, South Tower, BDO Corporate Center 7899 Makati Avenue, Makati City
Contact Person Carla B. Salonga
Inclusive dates when the old stock certificates can be replaced
Start Date TBA
End Date TBA
Documentary requirements
Individual Shareholders

New stock certificates shall be made available for replacement of Original Stock Certificates at a date to be announced by the Company. Shareholders must:
i. surrender their Original Stock Certificates at the offices of the Transfer Agent
ii.present two (2) valid identification cards of the stockholder on record (and submit photocopies thereof), one of which must be government issued, with the said stockholder’s photograph and specimen signature;

The new stock certificate(s) may be released to an authorized representative of the stockholder on record upon presentation by the authorized representative of his/her identification card with photograph thereon, submission of a photocopy of two (2) valid identification cards of the stockholder on record, one of which must be government-issued, and an original-signed authorization letter from the stockholder on record.
Corporate Shareholders

In the case of a corporate stockholder, a photocopy of the Articles of Incorporation and By-laws, the latest General Information Sheet, and a Secretary’s Certificate naming the authorized representative(s) of the corporate stockholder with their corresponding specimen signatures appearing thereon, must be submitted together with photocopy of each authorized representative’s valid identification cards with photograph thereon.
Date of availability of new stock certificates TBA
Procedures in case of lost stock certificates

In the case of lost Original Stock Certificate, the stockholder of record is required to submit an Affidavit of Loss and an Affidavit of Publication certifying that the publication was made once a week for three (3) consecutive weeks. A sample cut-out of the published details of the stock certificate must accompany the Affidavit of Publication. Replacement of lost stock certificate(s) will be made after one (1) year from the last date of publication. If the stockholder on record wishes to expedite the replacement of the lost stock certificate(s), a surety bond issued by a reputable insurance company must be submitted to the Company, insuring 100% of the market value of the shares corresponding to the lost stock certificate(s).
Other Relevant Information

The Company has a pending application with the Securities and Exchange Commission (“SEC”) for the change in corporate name from “Alterra Capital Partners, Inc.” to “Philab Holdings Corp.”. Upon approval of the application with the SEC, the Stock Transfer Agent will issue new stock certificates reflecting such change.
Filed on behalf by:
Name Leopoldo III Aquino
Designation Corporate Information Officer