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)

Feb 3, 2017

2. SEC Identification Number

A200016575

3. BIR Tax Identification No.

055-695-791

4. Exact name of issuer as specified in its charter

PHILAB HOLDINGS CORP. (formerly 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

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 Shares	62,276,060

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.

Alterra Capital Partners, Inc.ALT

PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Increase in Number of Issued and Outstanding Shares of Philab Holdings Corp. (formerly Alterra Capital Partners, Inc.) (the "Corporation")
Background/Description of the Disclosure
In the special meeting of the Board of Directors of the Corporation held on 15 December 2016, the Board of Directors approved and authorized the Corporation to issue Two Billion Common Shares of the Corporation out of the increase in the authorized capital stock of the Corporation from Php20,000,000.00 to Php2,000,000,000.00, at the subscription price of Php0.25 per share or an aggregate subscription price of Five Hundred Million Pesos (Php500,000,000.00). Upon approval by the SEC of the increase in the Corporation's authorized capital stock on 20 January 2017, please see the attached document for the following shares that were issued pursuant to the transaction discussed above.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares

Type of Security /Stock Symbol	Before	After
COMMON SHARES	62,276,060	2,062,276,060

Outstanding Shares

Type of Security /Stock Symbol	Before	After
COMMON SHARES	62,276,060	2,062,276,060

Other Changes, if any

In percent	Before	After
Public float	50.66	13.65
Foreign Ownership level	1.52	0.07