C00103-2017

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
147584
3. BIR Tax Identification No.
043-002-727-376
4. Exact name of issuer as specified in its charter
PREMIERE HORIZON ALLIANCE CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 1705, 17th Floor, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(02) 632-7715
9. Former name or former address, if changed since last report
Not applicable
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 STOCK P 0.25 PAR VALUE 1,990,480,889
11. Indicate the item numbers reported herein
Item No.9 Other Item

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.

Premiere Horizon Alliance CorporationPHA

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

PREMIERE HORIZON TO RAISE PhP1B TO ANCHOR ITS INFRASTRUCTURE AND TOURISM FOCUS

Background/Description of the Disclosure

Premiere Horizon Alliance Corporation (PHA) announced that the Company's 2017 strategic focus will be on infrastructure and tourism which will strongly support the current administration’s thrust on sustained countryside development where tourism and infrastructure play major roles. The Company plans to raise up to PhP1.0B for the said expansion.

Specifically, PHA's tourism development subsidiary, West Palawan Premiere Development Corporation (WPP), is raising around PhP400 million to make its first foray into the fast-growing tourism sector. WPP is in the final planning stages for an integrated township development that brings together serene mountainside and beachfront resorts as well as residential projects located in the emerging West Palawan corridor.

WPP likewise acquired an additional 5-hectare beach front property in Nagtabon Beach and is finalizing a comprehensive development plan that will complement the WPP development’s landmark beachfront loop attractions. Nagtabon Beach is about 35 minutes away via fully cemented roads from Puerto Princesa City International Airport.

PHA will bring in its infrastructure subsidiary, Redstone Construction and Development Corporation (RCDC), to provide cost-effective site and land development expertise to the tourism project.

In addition, RCDC, is also firming up a PhP200 million expansion budget for its infrastructure development projects. RCDC expects to broaden its operations to include non-mining construction activities starting with the execution of WPP's site development plans.

For 2017, PHA is also currently evaluating several business partnerships and acquisitions in the cement, iron, water and energy sectors, supported by a financing budget of up to PhP400 million.

Other Relevant Information

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Filed on behalf by:
Name Raul Ma. Anonas
Designation CIO/ COO