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)

Mar 16, 2017

2. SEC Identification Number

PW-94

3. BIR Tax Identification No.

430-000-702-922

4. Exact name of issuer as specified in its charter

PALHOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor PNB Financial Center, President Diosdado Macapagal Ave., CCP Complex Pasay CIty Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8163451 loc. 3453

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	24,836,512,096

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.

PAL Holdings, Inc.PAL

PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of By-Laws
Background/Description of the Disclosure
Please be advised that at the meeting of the Board of Directors held today, April 4, 2016, the Board approved the Amendment of Article I Section 1 of the By-Laws of PAL Holdings, Inc. to change the date of the annual meeting of the stockholders from "last working day of September in each year" to "the last Thursday of May in each year."

Date of Approval by Board of Directors	Apr 4, 2016
Date of Approval by Stockholders	N/A
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article and Section Nos.	From	To
Article I Section 1	The annual meeting of the stockholders shall be held on the last working day of September in the year. The time and exact place in Metro Manila where the meeting shall be held shall be determined by the board of directors and notice thereof shall be given as provided in Section 3 of this Article.	The annual meeting of the stockholders shall be held on the last Thursday of May in each year. The time and exact place in Metro Manila where the meeting shall be held shall be determined by the board of directors and notice thereof shall be given as provided in Section 3 of this Article.

Rationale for the amendment(s)
To hold the annual meeting of the stockholders of PHI at an earlier date.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the By-Laws with the SEC	Mar 16, 2017
Expected date of SEC approval of the Amended By-Laws	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
n/a
Other Relevant Information
Included the date of filing of the amendments to the By-Laws with the SEC.