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)
May 10, 2017
2. SEC Identification Number
A1998 18260
3. BIR Tax Identification No.
202 464 633
4. Exact name of issuer as specified in its charter
First Gen Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
6th Floor Rockwell Business Center Tower 3 Ortigas Avenue Pasig CityPostal Code1604
8. Issuer's telephone number, including area code
632 449 6400
9. Former name or former address, if changed since last report
-
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
3,660,943,557
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.
First Gen CorporationFGEN
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/confirrmation of news items
Source
The Manila Times (Internet Edition)
Subject of News Report
First Gen Q1 recurring profit drops 11% to $45M
Date of Publication
May 10, 2017
Clarification of News Report
This is with reference to the letter of the Exchange directing First Gen Corporation (First Gen) to clarify and/or confirm the portions of the following news article entitled “First Gen Q1 recurring profit drops 11% to $45M” posted in The Manila Times (Internet Edition) on May 10, 2017:
“. . . First Gen CFO and Treasurer Emmanuel P. Singson said that capital expenditure (capex) this year is set at $40 to $50 million, excluding EDC: $15-25 million would go to LNG facility soil improvement and around $15 million to finish San Gabriel and Avion. . . . . ‘Our capex [this year] is relatively low because we’ve spent all our capex in the last couple of years. Our priority this year is less capex-centric. It’s driven by how we can prove to our shareholders that San Gab and Avion are good investments,’ Puno said. --------------------------------------
First Gen confirms the statements made by the Company's senior officers.