C00101-2017

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 10, 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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of News Report

Source The Standard (Internet Edition)
Subject of News Report “Global Ferronickel plans share sale worth P800m”
Date of Publication Jan 9, 2017
Clarification of News Report

The Exchange requested the company to make a clarification on the news article entitled “Global Ferronickel plans share sale worth P800m” posted in The Standard (Internet Edition) on January 9, 2017. The article reported in part that:

“Nickel miner Global Ferronickel Holdings Inc. revived a plan to sell shares to finance expansion projects, an executive said Monday.
Global Ferronickel president Dante Bravo said in a text message the company filed with the Securities and Exchange Commission a registration statement involving the sale of up to 250 million shares.

The planned share sale could raise P800 million in proceeds, based on the stock’s closing price of P3.20 per share.

‘We will issue up to 250 million shares. The price is still to be determined upon SEC approval of the registration,’ Bravo said. He did not provide other details including the timetable for the offering.
. . . .”

We confirm, as previously disclosed, that the Company was authorized to file a registration statement with the Securities and Exchange Commission and the listing application with the Philippines Stock Exchange involving the sale of up to 250 million shares. The price is still to be determined upon SEC approval of the registration and will be disclosed in due course.

Other Relevant Information

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