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 20, 2017

2. SEC Identification Number

A200003008

3. BIR Tax Identification No.

205357210000

4. Exact name of issuer as specified in its charter

Max's Group, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

11th Floor Ecoplaza Building, 2305 Chino Roces Avenue Extension Makati City Postal Code 1231

8. Issuer's telephone number, including area code

(632) 7849000

9. Former name or former address, if changed since last report

Pancake House, Inc.

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	1,087,082,024

11. Indicate the item numbers reported herein

N/A

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.

Max's Group, Inc.MAXS

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of Cash Dividends
Background/Description of the Disclosure
At the regular meeting of the Board of Directors of Max's Group, Inc. held today, said Board approved the declaration of cash dividends amounting to P0.13 for each share held by stockholders of record as of 30 March 2017. The cash dividends shall be payable on 12 April 2017.

Type of Securities

• Common
• PreferredN/A
• OthersN/A

Cash Dividend

Date of Approval by Board of Directors	Mar 14, 2017
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	P0.13
Record Date	Mar 30, 2017
Payment Date	Apr 12, 2017

Source of Dividend Payment
Portion of Net Income for 2016
Other Relevant Information
Please be informed that in observance of Maundy Thursday, a regular holiday on 13 April 2017, we hereby change payment date to 12 April 2017 instead.