C00837-2017

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)
Feb 15, 2017
2. SEC Identification Number
9170
3. BIR Tax Identification No.
040-000-400-016
4. Exact name of issuer as specified in its charter
UNIVERSAL ROBINA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor, Tera Tower, Bridgetowne, E. Rodriguez, Jr. Avenue (C5 Road), Ugong Norte, Quezon City, Metro Manila Postal Code 1110
8. Issuer's telephone number, including area code
(632) 633-7631 to 40
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 2,204,161,868
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.

Universal Robina CorporationURC

PSE Disclosure Form 4-22 - Joint Ventures References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Joint Venture Agreement between Universal Robina Corporation ("URC") and Vita International Holdings Limited ("Vitasoy")

Background/Description of the Disclosure

URC has agreed to enter into a joint venture with Vitasoy for the production and distribution of consumer goods, optimize resources and achieve market efficiency in the Philippines.

Date of Approval by Board of Directors Feb 15, 2017
Date of Approval by Stockholders, if applicable N/A
Description and nature of the transaction including the timetable for implementation, and related regulatory requirements

The joint venture company called Vitasoy-URC, Inc. shall be equally owned by URC and Vitasoy. It is expected to start commercial operations in May 2017.

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

Through the joint venture, URC aims to enter the plant milk market and increase the sales and portfolio of its beverage business in the Philippines.

Terms and conditions of the joint venture
Amount of investment and/or interest by the parties involved

The initial paid-in capital of the joint venture company is Php10,000,000.

Provisions on profit-sharing, arrangements on management and operations

URC and Vitasoy will each hold 50% of the shares of the joint venture company.

Conditions precedent to closing of transaction, if any

The effectivity of the joint venture agreement is subject to the following: board approvals of both URC and Vitasoy and approval of the terms of the related-party agreements to be entered into by the joint venture company.

Other salient features of the joint venture agreement

N/A

Identity and/or corporate background of the parties to the transaction, including the following
Name Nature of Business Nature of any material relationship with the Issuer, their directors/officers or any of their affiliates
Vita International Holdings Limited Vita International Holdings Limited is a wholly-owned subsidiary of Vitasoy International Holdings Limited. Vitasoy International Holdings Limited manufactures and sells nutritious and tasty plant-based foods and beverages with main markets in Hong Kong, China, Australia/New Zealand, and Singapore. None
Effect(s) on the business, financial condition and operations of the Issuer, if any

N/A

Other Relevant Information

Please see attached Press Release entitled "URC and Vitasoy Group in Joint Venture To Promote High-Quality Sustainable Plant-based Beverage Products".

Filed on behalf by:
Name Rosalinda Rivera
Designation Corporate Secretary