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)

Aug 3, 2017

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-V

4. Exact name of issuer as specified in its charter

ABOITIZ EQUITY VENTURES, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 886-2800

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 Stock P1 par value	5,633,792,557
Amount of Debt Outstanding (March 31, 2017)	259,135,524,000.00

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.

Aboitiz Equity Ventures, Inc.AEV

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition by Aboitiz InfraCapital, Inc. (Aboitiz InfraCapital) of an 11.1369% minority stake in Balibago Waterworks System, Inc. (BWSI)
Background/Description of the Disclosure
On August 3, 2017, Aboitiz InfraCapital, a wholly owned subsidiary of Aboitiz Equity Ventures, Inc. (AEV) signed an agreement to acquire 11.1369% stake in BWSI from San Fernando Electric Light & Power Co., Inc. (SFELAPCO)

Date of Approval by Board of Directors	Jul 13, 2017

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The minority stake in BWSI enables Aboitiz InfraCapital to be part of an established water market participant.

Details of the acquisition or disposition

Date	Aug 3, 2017

Manner
Acquisition of 11.1369% BWSI stake from SFELAPCO
Description of the company to be acquired or sold
BWSI provides running water to more than 150,000 households throughout its franchise areas. After 54 years in public service, the National Water Resources Board (NWRB) considers BWSI the largest and most efficiently operated provincial privately owned waterworks system in the country.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	2,729,190
Percentage to the total outstanding shares of the company subject of the transaction	11.13
Price per share	100.65

Nature and amount of consideration given or received
Cash payment of PHP274,692,973.50
Principle followed in determining the amount of consideration
Aboitiz InfraCapital conducted a strategic, financial, and legal due diligence process of BWSI. The purchase price was a negotiated price based on earnings multiples of peer companies.
Terms of payment
On closing date, Aboitiz InfraCapital shall pay 50% of the purchase price, and the balance will be paid out once certain conditions are fulfilled.
Conditions precedent to closing of the transaction, if any
Customary conditions precedent for this type of transaction, including payment of relevant taxes.
Any other salient terms
NA

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
San Fernando Electric Light & Power Co., Inc.	Aboitiz Power Corporation has 43.78% effective interest in SEFELAPCO. AboitizPower is the holding company for AEV

Effect(s) on the business, financial condition and operations of the Issuer, if any
BWSI is expected to contribute to Aboitiz InfraCapital’s net income through dividends
Other Relevant Information
None.