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 16, 2017

2. SEC Identification Number

19073

3. BIR Tax Identification No.

000-288-698-000

4. Exact name of issuer as specified in its charter

First Philippine Holdings Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6th Floor Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City Postal Code 1604

8. Issuer's telephone number, including area code

2-631-8024

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	554,206,569
Preferred	3,600,000

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.

First Philippine Holdings CorporationFPH

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of shares in Asian Eye Institute, Inc. (AEI)
Background/Description of the Disclosure
FPH has agreed to purchase 149,999 common shares and 1 founder's share of Dr. Felipe I. Tolentino in AEI

Date of Approval by Board of Directors	N/A

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
With the acquisition of the 3.55% shareholdings of Dr. Tolentino, FPH will get 50.57% or a controlling stake in AEI.

Details of the acquisition or disposition

Date	Feb 16, 2017

Manner
Private Purchase
Description of the company to be acquired or sold
AEI is an eye institute located at Rockwell Center Makati.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	150,000
Percentage to the total outstanding shares of the company subject of the transaction	3.55
Price per share	P130 (par at P100)

Nature and amount of consideration given or received
Cash to be paid is in the total amount of P19,500,000.00
Principle followed in determining the amount of consideration
130% of par
Terms of payment
Closing of the transaction occurs upon execution of the Deed of Absolute Sale between the parties
Conditions precedent to closing of the transaction, if any
N/A
Any other salient terms
N/A

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Dr. Felipe I. Tolentino	Dr. Tolentino helped set up AEI and was one of its original shareholders.

Effect(s) on the business, financial condition and operations of the Issuer, if any
AEI will become a subsidiary of FPH with this acquisition
Other Relevant Information
N/A