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)

Apr 5, 2017

2. SEC Identification Number

184228

3. BIR Tax Identification No.

000-275-291

4. Exact name of issuer as specified in its charter

MRC ALLIED INC.

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

5/F EUROVILLA 4 BLDG. 853 A ARNAIZ AVENUE MAKATI CITY Postal Code 1223

8. Issuer's telephone number, including area code

02 846-7910

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

MRC ALLIED INDUSTRIES 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 STOCK	8,512,658,975

11. Indicate the item numbers reported herein

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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.

MRC Allied, Inc.MRC

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendments of MRC's Articles of Incorporation , Article VII, Increase in par value from PHP0.10 to PHP0.50 per share.
Background/Description of the Disclosure
Please see attached.

Date of Approval by Board of Directors	Apr 5, 2017
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	By the Approval of the Securities & Exchange Commission
Date of Approval by Relevant Regulatory Agency, if applicable	TBA
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Article VII	PHP0.10	PHP0.50

Rationale for the amendment(s)
To reduce the Company's total number of authorized, issued and outstanding shares to a level more appropriate to the market and to encourage the participation of institutional investors.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The number of authorized capital stock from 15,000,000,000 shares will be reduced to 3,000,000,000 shares . The proportionate reduction of the number of issued and outstanding common shares from 8,512,658,975 to 1,702,531,795, and proportionate increase in the par value from PHP0.10 to PHP0.50 per share. Although the number of shares held decreased based on the split ratio, the total authorized capital stock and voting rights do not change.
Other Relevant Information
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