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 23, 2017

2. SEC Identification Number

133828

3. BIR Tax Identification No.

420-000-188-756

4. Exact name of issuer as specified in its charter

PRIMEX CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro-Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

G/F Richbelt Terraces 19 Annapolis Street, Greenhills, San Juan City Postal Code 1502

8. Issuer's telephone number, including area code

(632) 722-8078

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	1,616,666,665

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.

Primex CorporationPRMX

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of news report from The Manila Times

Source	The Manila TImes
Subject of News Report	“8990 Holdings eyes bigger stake in Primex”
Date of Publication	Feb 23, 2017

Clarification of News Report
“The latest transaction doubled the group’s interest in Primex to 5.6 percent, from 2.8 percent as of October 2016.” (Quote from news item) As per the records of the Issuer, the 8990 Group (led by Mr. Luis Yu, Jr., Januarius Holdings Corporation and Kwantlen Development, Inc.) has a combined holding of 45,000,000 shares or about 2.8% of its shares. We can only assume that the group may have acquired more shares in the open market to increase their holdings to 5.6 percent. ******************************************************************************************** “Atencio said the group is keen on having a joint venture with Primex due to the latter’s sizable and attractive land inventory in strategic areas.” (Quote from news item) On the subject of a joint venture, the 8990 Group expressed interest in forming such an alliance with the issuer but no formal agreement has yet been reached.
Other Relevant Information
N/A