9. Former name or former address, if changed since last report
NA
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
4,093,830,685
11. Indicate the item numbers reported herein
Others
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.
Robinsons Land CorporationRLC
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 of News Reports
Source
Inquirer.net
Subject of News Report
RLC forms unit for infra-related business
Date of Publication
Jun 28, 2017
Clarification of News Report
We refer to your letter dated June 28, 2017 requesting Robinsons Land Corporation to clarify and/or confirm a news article entitled "RLC forms unit for infra-related business" which was posted in Inquirer.net on June 28, 2017. The article reported in part that:
“Gokongwei-led Robinsons Land Corp. (RLC) is diversifying its revenue stream through the creation of a new unit devoted to infrastructure and integrated development, including the setting up of warehousing facilities to cater to the logistics requirements of the growing domestic economy.
This new infrastructure and integrated development (IID) business unit will be the fifth business division of the property company, RLC president Frederick Go said in a recent interview with Inquirer. The other four are shopping mall, residential, office and hotel development.
‘This [IID] is the business unit that will look for and bid for government infrastructure projects, reclamation projects, big mixed use complexes and real estate-related infrastructure projects,’ Go said.
For purely infrastructure plays, Go said it would likely be the turf of parent conglomerate JG Summit Holdings but infrastructure projects with real estate components would be under the new unit.
The new unit has so far undertaken three major projects, Go said.
The first project is the 18.5-hectare former Mitsubishi Motors compound in Ortigas. This property was won by RLC in a bidding in 2015.
Another project under IID is the Bridgetown Business Park along C5 Road near the Ortigas area.
The third is a warehousing hub project in Parañaque, to be leased out to businesses.
‘We’re entering the warehouse business. We’re now building our first warehouse facility in Parañaque,’ Go said. ‘We just want to try out this business.’
. . . .”
Robinsons Land Corporation (“Company”) hereby confirms the information quoted above concerning the Infrastructure and Integrated Developments Division formed by the Company to handle, among others, the 3 projects identified in the news article. Two of these projects, namely the Bridgetown Business Park and the development of the Mitsubishi Motors complex located along Ortigas extension have been previously reported by the Company. With respect to the warehousing facilities, the Company confirms that it will be entering into this segment of the real estate business in line with its objective to pursue and explore opportunities for growth and diversity within the real property industry.