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 21, 2017

2. SEC Identification Number

39652

3. BIR Tax Identification No.

004-844-938

4. Exact name of issuer as specified in its charter

Medco Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31st Floor. Rufino Pacific Tower, 6784 Ayala Avenue, Makati City, Metro Manila, Philippines Postal Code 1229

8. Issuer's telephone number, including area code

(632) 811-0465 to 66

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	700,000,000

11. Indicate the item numbers reported herein

Item 9. Other Events

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.

MEDCO Holdings, Inc.MEDStock Symbol

PSE Disclosure Form 4-12 - Change in Par Value References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Decrease in Par Value
Background/Description of the Disclosure
The Board, in their Special Meeting on 31 May 2017, approved the decrease in the Corporation's authorized capital stock from Php700 million divided into 700 million common shares to Php35 million divided into 700 million common shares by reducing par value per share from Php1.00 to Php0.05 in order to reduce the Corporation's deficit.

Date of Approval by Board of Directors	May 31, 2017
Date of Approval by Stockholders	TBA
Date of Approval by Securities and Exchange Commission	TBA
Previous Par Value	1.00
New Par Value	0.05

Rationale for the change in par value of the Issuer's shares
To reduce the Corporation's deficit.

Effects on Capital Structure

Issued Shares

Type of Security /Stock Symbol	Before	After
Common stock/MED	700,000,000	700,000,000

Outstanding Shares

Type of Security /Stock Symbol	Before	After
Common stock/MED	700,000,000	700,000,000

Treasury Shares

Type of Security /Stock Symbol	Before	After
Common stock/MED	0	0

Listed Shares

Type of Security /Stock Symbol	Before	After
Common stock/MED	700,000,000	700,000,000

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent

Name	Professional Stock Transfer, Inc.
Address	10th Floor, Telecom Plaza, 316 Sen. Gil Puyat Ave., Makati City
Contact Person	Jenny C. Serafica

Inclusive dates when the old stock certificates can be replaced

Start Date	TBA
End Date	TBA

Documentary requirements

Individual Shareholders
TBA
Corporate Shareholders
TBA

Date of availability of new stock certificates	TBA

Procedures in case of lost stock certificates
TBA

Other Relevant Information
The reduction in Medco Holdings, Inc.'s par value is due to the Company's Quasi-Reorganization and the shares reflected after the reduction in par value does not yet include the amount of shares to be issued by the Company to Bonham Strand Investments Ltd. and Mr. Xu Hanjiang.