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 18, 2017

2. SEC Identification Number

12998

3. BIR Tax Identification No.

000-064-134-000

4. Exact name of issuer as specified in its charter

RFM CORPORATION

5. Province, country or other jurisdiction of incorporation

MANDALUYONG CITY, METRO MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

RFM CORPORATE CENTER, PIONEER COR. SHERIDAN STS., MANDALUYONG CITY Postal Code 1550

8. Issuer's telephone number, including area code

(632) 6318101

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
RFM COMMON	3,496,388,266

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.

RFM CorporationRFM

PSE Disclosure Form 9-2 - Sale of Treasury Shares References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure
SALE OF TREASURY SHARES ON 18 MAY 2017
Background/Description of the Disclosure
Pursuant to the consent to sell treasury shares granted by the Board of Directors on 12 May 2017, RFM Corporation sold on 18 May 2017 a total of THREE MILLION THREE HUNDRED EIGHT THOUSAND (3,308,000) treasury shares at Four Pesos and Eighty Centavos (Php4.80) per share through a cross-sale transaction and which is not covered by any Purchase Agreement.

Type of Securities

• Common
• Preferred0
• Others0

Details of Sale of Treasury Shares

Date of Transaction	Number of Shares Sold	Price Per Share
May 18, 2017	3,308,000	Php4.80

Effects on Number of Shares

	Before	After
Outstanding Shares	3,493,080,266	3,496,388,266
Treasury Shares	7,323,600	4,015,600

Cumulative Number of Shares Sold to Date 1	3,308,000
Number of Shares Authorized for Sale	7,123,600

Other Relevant Information

1. The reason/purpose of the sale is for stability. A long term investor wanted to purchase Three Million Three Hundred Eight Thousand (3,308,000) treasury shares and the Corporation deemed it fit to sell the same. The Corporation believes that a long-term hold on the subject treasury shares will result in stability. 2. The Corporation intends to sell the authorized number of treasury shares as selling opportunity presents itself and up to the time when the total approved amount for sale is exhausted. The Corporation often receives queries from quality investors if there are shares that they can buy in substantial blocks. Management can seek Board authority for additional treasury shares to be sold if and when warranted. 3. The subject sale of 3,308,000 treasury shares is less than 1% of the listed shares and therefore has no substantial effect on the public float level. 4. As of 18 May 2017, the Corporation’s issued, outstanding, listed and treasury shares are as follows: a. Issued shares – 3,500,403,866 b. Outstanding shares – 3,496,388,266 c. Listed shares – 3,500,403,866 d. Treasury shares – 4,015,600

¹ From the date when the sale of treasury shares program commenced.