C00061-2017

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)
Jan 5, 2017
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
(02) 519 7888
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 7,003,920,938
11. Indicate the item numbers reported herein
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 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

Filing with the Office of the DENR Secretary a letter seeking to have the order of cancellation of Ipilan Nickel Project's ECC reconsidered

Background/Description of the Disclosure

Further to the Company’s disclosure on December 16, 2016 regarding the cancellation by the Department of Environment and Natural Resources (DENR) of the Environmental Compliance Certificate (ECC-CO-1006-0017) for the Ipilan Nickel Project (the “Project”) in Brooke’s Point, Palawan, the Company confirms that Ipilan Nickel Corporation (INC) has recently filed with the Office of the DENR Secretary a letter seeking to have the order of cancellation reconsidered.

INC chronicles in its letter the scores of significant programs and activities it implemented and continues to implement (e.g. lodging of Community Development Programs with various beneficiaries, confirmatory drilling, preparation and submission of Definitive Project Feasibility Study, EPEP, SDMP, 3-Year Work Program, Survey Oder, LGU endorsements and application for MPSA Operation, land acquisition for road lots and foreshore lease application, commissioning and completion of Environmental Assessment Update Studies and numerous meetings with the Mine Rehabilitation and Fund Committee) to pursue the Project as well as the timeline of major approvals (e.g. Operating Agreement, Change in Status of the MPSA to Construction and Operation, Partial Declaration of Mine Project Feasibility, Special Tree-Cutting Permit and Earth-Balling Permit) it obtained from different DENR offices and other pertinent agencies.

Based on records, INC maintains that the lone basis for the cancellation of its ECC (i.e. that “the Project was never implemented”) has no factual basis.

Other Relevant Information

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Filed on behalf by:
Name Eveart Grace Pomarin-Claro
Designation Assistant Corporate Secretary, Alternate Corporate Information Officer