C00106-2017

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
AS93000023
3. BIR Tax Identification No.
003-822-183
4. Exact name of issuer as specified in its charter
Discovery World Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Station 1, Balabag, Malay, Aklan Postal Code 5608
8. Issuer's telephone number, including area code
632-813-8857
9. Former name or former address, if changed since last report
N.A.
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 626,000,000
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.

Discovery World Corporation DWC

PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendment of Article II Section 3 of the Corporation's By-Laws - Place of Meeting of the Stockholders' Meetings, whether regular or special.

Background/Description of the Disclosure

The amendment shall be made to make the By-Laws consistent with the requirements of Section 51 of the Corporation Code. The Board of Directors is empowered to amend the Corporation's By-Laws pursuant to the power delegated to it by the stockholders on 10 June 2014.

Date of Approval by Board of Directors Nov 30, 2016
Date of Approval by Stockholders N/A
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission Jan 4, 2017
Date of Receipt of SEC approval Jan 10, 2017
Amendment(s)
Article and Section Nos. From To
Article II, Section 3 Stockholders' meetings, whether regular or special, shall be held in Metro Manila, Philippines Stockholders' meetings, whether regular or special, shall be held in the principal place of business of the Corporation per the Articles of Incorporation
Rationale for the amendment(s)

The amendment will align the By-Laws with the requirement of Section 51 of the Corporation Code - that the place of the stockholders' meetings shall be in the principal place of business of the Corporation.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the By-Laws with the SEC Dec 12, 2016
Expected date of SEC approval of the Amended By-Laws Jan 4, 2017
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

None.

Other Relevant Information

The disclosure is being amended to reflect SEC's approval of the amended By-Laws. Please see attached Certificate of Filing of amended By-Laws and amended By-Laws.

Filed on behalf by:
Name Anna Francesca Respicio
Designation Assistant Corporate Secretary