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 24, 2017

2. SEC Identification Number

A199813754

3. BIR Tax Identification No.

201-277-095

4. Exact name of issuer as specified in its charter

Puregold Price Club, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

(632) 522-8801

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

None

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	2,765,381,406

11. Indicate the item numbers reported herein

Other Matters

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.

Puregold Price Club, Inc.PGOLD

PSE Disclosure Form 4-23 - Mergers and Consolidations References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 and/or Section 5 of the Revised Disclosure Rules

Subject of the Disclosure
Approval of the Merger of Goldtempo Company Incorporated with Puregold Price Club, Inc.
Background/Description of the Disclosure
Approval of the Merger of Goldtempo Company Incorporated, Daily Commodities, Inc. and First Lane Super Traders Co., Inc. with Puregold Price Club, Inc. (the "Company").

Date of Approval by Board of Directors	Mar 14, 2017
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency	N/A
Date of Approval by Securities and Exchange Commission	TBA

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The Company intends to consolidate all stores catering to the same market group into one Company. The Company expects better inventory management, efficient cash management and simplified reporting to government agencies as a result of this merger.
Description of the transaction including the timetable for implementation and related regulatory requirements, if any
The plan of merger was filed to the Securities and Exchange Commission on May 4, 2017. It will be submitted for the approval of the stockholders of Puregod Price Club, Inc. during its annual meeting to be held on May 30, 2017. Upon stockholders approval, we expect the release of SEC approval of the merger within the next two (2) months.

Identities of the parties to the transaction

Name	Nature of Business	Nature of any material relationship with the Issuer, their directors/officers or any of their affiliates
Puregold Price Club, Inc.	Retail Supermarket	Mother Company of Entenso Equities Incorporated
Goldtempo Company Incorporated	Retail Supermarket	Subsidiary of Entenso Equities Incorporated
Daily Commodities, Inc.	Retail Supermarket	Subsidiary of Entenso Equities Incorporated
First Lane Super Traders Co., Inc.	Business of Trading	Subsidiary of Entenso Equties Incorporated

Terms and conditions of the transaction

Plan of merger
Please see attached Plan of Merger.
Ratio of exchange of shares
Puregold will issue 0.03574 shares in exchange of 1 share of Goldtempo Company Incorporated or a total of 8,935,862 Puregold shares in exchange of 250,000,000 shares of Goldtempo Company Incorporated.
Basis upon which the exchange ratio was determined
Net Book Value of the absorbed companies against closing price of Puregold Price Club, Inc. as of December 31, 2016.
Number of shares subject of the merger
250,000,000 outstanding shares of Goldtempo Company Incorporated.
Timetable
Effective immediately upon approval by the Securities and Exchange Commission
Conditions precedent to closing of the transaction, if any
None
Procedures for exchange
Not applicable

Description of the company subject of the transaction

Nature and business
Goldtempo Company Incorporated is engaged in purchasing, importing, selling and distributing all kinds of goods, groceries, commodities, wares and merchandise and things which may become articles of commerce on wholesale and retail basis.
Discussion of major projects and investments
None

List of subsidiaries and affiliates, with percentage holdings

Name	% Ownership
N/A	0

Capital structure

Authorized capital stock

Type of Security /Stock Symbol	Amount	Number of Shares
Common / Goldtempo Company Incorporated	250,000,000.00	250,000,000

Subscribed Shares

Type of Security /Stock Symbol	Amount	Number of Shares
Common / Goldtempo Company Incorporated	250,000,000.00	250,000,000

Paid-Up Capital

Amount	250,000,000.00
Number of Shares	250,000,000

Issued Shares

Type of Security /Stock Symbol	Amount	Number of Shares
Common / Goldtempo Company Incorporated	250,000,000.00	250,000,000

Outstanding Shares

Type of Security /Stock Symbol	Amount	Number of Shares
Common / Goldtempo Company Incorporated	250,000,000.00	250,000,000

Par Value

Type of Security /Stock Symbol	Amount
Common / Goldtempo Company Incorporated	1.00

Ownership Structure (including percentage holdings)

Name	Number of Shares	% Ownership
Entenso Equities, Incorporated	249,999,500	100
Antonio Delos Santos II	100	0
Joseph Sy	100	0
Sherwin C. Hau	100	0
Edison Anggala	100	0
Robert Kelvin Kuan	100	0

Board of Directors

Name	(Regular or Independent)
Antonio Delos Santos II	Regular
Joseph U. Sy	Regular
Sherwin C. Hau	Regular
Edison Anggala	Regular
Robert Kelvin Kuan	Regular

Principal Officers

Name	Position/Designation
Antonio Delos Santos II	Chairman
Joseph U. Sy	President
Maricel B. Joyag	Treasurer
Baby Gerlie I. Sacro	Corporate Secretary

Effect(s)/impact on the business, financial condition and operations of the Issuer
The Company will issue new shares as consideration of the merger. The Company's outstanding shares after merger will be 2,779,932,615 shares, with details as follows: Oustanding shares as of today of Puregold Price Club, Inc. - 2,765,381,406 Daily Commodities - 2,056,037 shares (to be issued to Entenso Equities Incorporated as owner of Daily Commodities, Inc. First Lane Super Traders Co., Inc. - 3,559,310 shares (to be issued to Entenso Equities Incorporated as owner of First Lane Super Traders Co., Inc.) Goldtempo Company Incorporated - 8,935,862 shares (to be issued to Entenso Equities Incorporated as owner of Goldtempo Company Incorporated)
Other Relevant Information
Please see attached Plan of Merger.