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)

May 16, 2017

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-V

4. Exact name of issuer as specified in its charter

ABOITIZ EQUITY VENTURES, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 886-2800

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 P1 Par Value	5,633,792,557
Amount of Debt Outstanding (March 31, 2017)	259,135,524,000.00

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.

Aboitiz Equity Ventures, Inc.AEV

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 to the May 16, 2017 philstar.com News Article

Source	philstar.com
Subject of News Report	“Aboitiz spending up to $300M to expand cement business”.
Date of Publication	May 16, 2017

Clarification of News Report
Dear Mr. Zuño: This refers to your letter dated May 16, 2017 requesting us to confirm the veracity of the information contained in the PhilStar.com news article dated May 16, 2017, entitled “Aboitiz spending up to $300 M to expand cement business” a portion of which, is quoted hereunder: “The Aboitiz Group is investing $250-300 million in three to five years to expand cement plant capacities as the Duterte administration ushers in the country’s golden age in infrastructure. Republic Cement & Building Materials Inc. has approved a five-year capital expenditure (capex) program that will expand its clinker and cement capacities to help meet the country’s growing cement requirements, Aboitiz InfraCapital Inc. president Sabin Aboitiz said in a briefing yesterday. ‘We have agreed to increase capacity of our cement business in the Philippines. The investment will bring about a million tons a year of capacity,’ he said. ‘Over the next five years, investment will be about $250-300 million.” We confirm that Republic Cement & Building Materials, Inc. approved plans to invest about USD 250 to 300 million, within three to five years, to upgrade its kiln capacities. Very truly yours, ABOITIZ EQUITY VENTURES, INC. By: (SGD.) M. JASMINE S. OPORTO Corporate Secretary Cc: MS. VINA VANESSA S. SALONGA Head, Disclosure Department Philippine Dealing & Exchange Corp. Market Regulatory Services Group 37/F Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas, Makati City
Other Relevant Information
Please see attached.