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)

Jun 20, 2017

2. SEC Identification Number

ASO93005277

3. BIR Tax Identification No.

002648099000

4. Exact name of issuer as specified in its charter

LBC Express Holdings, Inc. (formerly Federal Resources Investment Group Inc.)

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LBC Hangar, General Aviation Center, Domestic Airport Road, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8568510

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

Federal Resources Investment Group Inc. / No. 35 San Antonio Street, San Francisco del Monte, Quezon City 1105

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 Shares	1,425,865,471

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.

LBC Express Holdings, Inc.LBC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Board approval on the issuance of a secured Convertible Instrument due 2024 (the “LBC Convertible Instrument”) and the execution of an Omnibus Agreement pursuant thereto
Background/Description of the Disclosure
On 20 June 2017, the Board of Directors of the Company approved the following: (a) The issuance of the LBC Convertible Instrument in the aggregate amount of USD50,000,000.00, in favor of CP Briks Pte. Ltd. (the “Transaction”). The proceeds of the Convertible Instrument will be used to fund the growth of the business of the Company, including capital expenditures and working capital. The Convertible Instrument shall be convertible to shares of the Company, to be issued out of the unissued portion of the Company's authorized capital stock. (b) The creation of a pledge over all of the Company's shares in LBC Express, Inc. in favor of CP Briks Pte. Ltd., to secure its obligations under the Transaction, subject to the approval of the shareholders of the Company in a meeting called for this purpose. Pending approval of the shareholders of the Company being secured, the obligations of the Company shall be secured by a third party pledge to be extended by LBC Development Corporation, the parent company, over 51% of the outstanding capital stock of the Company owned and held by LBC Development Corporation. Immediately following such approval, the Company entered into an Omnibus Agreement relating to the above Transaction, wherein the Company agreed to issue, and CP Briks Pte. Ltd. agreed to purchase, the LBC Convertible Instrument, subject to the fulfillment of certain conditions precedent including the final approval of the investment committee of CP Briks Pte. Ltd.
Other Relevant Information
As of the date hereof, the LBC Convertible Instrument has not yet been issued by the Company or purchased by CP Briks Pte. Ltd. Upon the issuance of the LBC Convertible Instrument, additional disclosures shall be made and provided by the Company.