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 18, 2017

2. SEC Identification Number

CS201000985

3. BIR Tax Identification No.

007-582-936

4. Exact name of issuer as specified in its charter

SFA SEMICON PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

Pampanga, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Panday Pira Avenue, corner Creekside Road, Clark Freeport Zone, Pampanga Postal Code 2009

8. Issuer's telephone number, including area code

045-499-1742 / 045-499-1746 / 045-499-1822

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

Not Applicable

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	2,165,024,111

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.

SFA Semicon Philippines CorporationSSP

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
SSP Receives Reimbursements under the Discounted Power Rate Program
Background/Description of the Disclosure
Publicly listed SFA Semicon Philippines Corporation (SSP), formerly Phoenix Semiconductor Philippines Corp., took payment of P56.43 million today representing part of its receivables of the Company’s discounted electricity incentive granted under Presidential Executive Order No. 856 and its Lease Agreement with Clark Development Corporation (CDC). This amount is the partial reimbursement of the Government through CDC of the power discounts for electricity utilized and fully paid by SSP since the commencement of its commercial operations in 2011. The discounted power rate program of the government supports power-intensive industries that pour in substantial investments in the country in order to make the Philippines more attractive to foreign direct investments. The collection will increase the Company’s cash and cash equivalents by approximately USD 1.13 million.
Other Relevant Information
None.