C01118-2017

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 28, 2017
2. SEC Identification Number
52412
3. BIR Tax Identification No.
000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5/F TOWER A, TWO ECOM CENTER, PALM COAST AVENUE, MALL OF ASIA COMPLEX, PASAY CITY Postal Code 1300
8. Issuer's telephone number, including area code
662-8888
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 STOCK 10,498,679,857
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.

Belle CorporationBEL

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press Release for Cash Dividend Declaration

Background/Description of the Disclosure

As earlier disclosed to PSE, the Corporation’s Board of Directors approved the declaration of cash dividends at its meeting on 28 February 2017.

In view of this, the following press release will be circulated accordingly:

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PRESS RELEASE
28 February 2017
Belle Corporation Declares Cash Dividend

(Pasay City, Philippines) During its meeting held on 28 February 2017, Belle Corporation’s Board of Directors approved the declaration of a cash dividend of nine-and-a half centavos (Php 0.095) per share, for a total dividend payment to its common shareholders of approximately Php 1.0 billion, payable on 30 March 2017 to shareholders of record as of 14 March 2017.

About Belle Corporation

Belle’s principal assets include land and buildings located at PAGCOR Entertainment City in Paranaque City, which are being leased on a long-term basis to MCE. This property is the site of the City of Dreams Manila gaming and resort operations, which encompasses 6.2 hectares of land and more than 30 hectares in building gross floor area. Belle also realizes a share in earnings from City of Dreams’ gaming operations through its 78.7%-owned subsidiary, PLC. City of Dreams Manila includes approximately two hectares of gaming space, more than 900 hotel rooms operated under three hotel brands (namely Crown, Hyatt and Nobu), the DreamPlay indoor family amusement park, and approximately two hectares of restaurant and retail space.

Belle also owns significant real estate assets in and around Tagaytay City, a temperate mountain resort about 90 minutes south of Manila overlooking scenic Taal Lake and Mount Makiling. These assets consist of premium residential properties for sale and approximately 800 hectares of land held for future development, which are near two exclusive world-class golf clubs and one country club built by the Company.

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For further information, please contact:

Mr. Manuel A. Gana
Executive Vice President and Chief Financial Officer
Corporate Information Officer
E-mail: [email protected]
Tel. No:. +63 2 662 8807

Other Relevant Information

n/a

Filed on behalf by:
Name Elizabeth Tan
Designation Manager-Governance & Corp Affairs/Investor Relations