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 14, 2017
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITYPostal Code1105
8. Issuer's telephone number, including area code
(02) 371 1111
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 SHARE
1,247,999,999
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.
SBS Philippines CorporationSBS
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
Significant matters approved by the Board of Directors on August 14, 2017
Background/Description of the Disclosure
The Board of Directors in its meeting held this morning, August 14, 2017 approved the following matters:
1. Approved the Interim Financial Results (unaudited) for the six month period and second quarterly period ended 30 June 2017 and related reports for submission to the SEC and disclosure thru the PSE 2. Approved a further change in the use and allocation of the remaining balance of the IPO proceeds; and 3. Approved the additional investment of funds and share subscription to be made in the proposed further increase in the capital stock of its subsidiary, SBS Holdings and Enterprises Corporation
Other Relevant Information
Additional details on the above matters are provided in the separate disclosures made on the specific items approved.