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 19, 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: Other Events

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.ALT

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
(1) Acquisition of Three Hundred Fifty One Thousand Seven Hundred Forty (351,740) shares, representing 93.48% of the total outstanding capital stock of Philab Industries Inc. and (2) Issuance of Two Billion Common Shares of the Corporation out of the increase in the authorized capital stock of the Corporation, at the subscription price of Php0.25 per share or an aggregate subscription price of Five Hundred Million Pesos (Php500,000,000.00).
Background/Description of the Disclosure
On 19 December 2016, the Company executed the following: (1) Acquisition of Three Hundred Fifty One Thousand Seven Hundred Forty (351,740) shares, representing 93.48% of the total outstanding capital stock of Philab Industries Inc. at the price of P2,445 per share or the aggregate price of Eight Hundred Sixty Million Pesos (Php860,000,000.00), which price was supported by a fairness opinion; and (2) Issuance of Two Billion Common Shares of the Corporation out of the increase in the authorized capital stock of the Corporation, at the subscription price of Php0.25 per share or an aggregate subscription price of Five Hundred Million Pesos (Php500,000,000.00).
Other Relevant Information
Please refer to the disclosure of the Company (Material Information/Transactions) last 16 December 2016.