C05558-2017

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)
Sep 7, 2017
2. SEC Identification Number
AS095 006755
3. BIR Tax Identification No.
004-513-153_
4. Exact name of issuer as specified in its charter
TRANSPACIFIC BROADBAND GROUP INTERNATIONAL, INC.
5. Province, country or other jurisdiction of incorporation
Manila Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Bldg. 1751 Chico Street, CSEZ, angeles, Pampanga Postal Code 1150
8. Issuer's telephone number, including area code
(632) - 717-0523, 4040-239
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 222,019,220
11. Indicate the item numbers reported herein
1

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.

Transpacific Broadband Group Int`l. Inc.TBGIStock 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

Amendment of the Corporation's Articles of Incorporation

Background/Description of the Disclosure

Please be advised that the Board of Directors of the Corporation, at its special meeting held today, unanimously approved the amendment of the Corporation’s Articles of Incorporation, to wit:

"RESOLVE, as it is hereby resolved, that Transpacific Broadband Group International, Inc. (the "Corporation") be authorized to amend its Articles of Incorporation

From: That the authorized capital stock of the corporation is THREE HUNDRED EIGHTY MILLION PESOS (P380,000,000.00) Philippine Currency, and said capital stock is divided into THREE HUNDRED EIGHTY MILLION (380,000,000) with a par value of One Peso (P1.00) each.

To: That the authorized capital stock of the corporation is THREE HUNDRED EIGHTY MILLION PESOS (P380,000,000.00) Philippine Currency, and said capital stock is divided into THREE BILLION EIGHT HUNDRED MILLION (3,800,000,000) with a par value of Ten Centavos (P0.10) each.

Stockholders of this corporation have no pre-emptive right whatsoever to subscribe to shares of stock of the company.”

RESOLVED FURTHER, that the relevant provisions of the Corporation’s articles of incorporation be amended in order to effect the above resolution;

RESOLVED FURTHER, that the Corporation's President, Arsenio T. Ng, be authorized to sign any and all documents and resolutions in order to effect the foregoing resolution;

RESOLVED FINALLY, that the foregoing resolution remain valid and subsisting, unless otherwise revoked or amended in writing by the Corporation.”

Date of Approval by
Board of Directors
Sep 7, 2017
Date of Approval by
Stockholders
TBA
Date of Approval by
Securities and Exchange Commission
TBA
Previous Par Value 1.00
New Par Value 0.10
Rationale for the change in par value of the Issuer's shares

To lower the market value of the stock and appeal to more investors and increase stock marketability and make stock easier to trade

Effects on Capital Structure

Issued Shares
Type of Security /Stock Symbol Before After
Common/ TBGI 222,019,330 2,220,193,300
Outstanding Shares
Type of Security /Stock Symbol Before After
Common/ TBGI 221,581,530 2,215,815,300
Treasury Shares
Type of Security /Stock Symbol Before After
Common/ TBGI 437,800 4,378,000
Listed Shares
Type of Security /Stock Symbol Before After
Common/ TBGI 209,019,330 2,090,193,300

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent
Name Rizal Commercial Banking Corporation- Stock and Transfer Department
Address Ayala Avenue, corner Sen. Gil Puyat Avenue, Makati City
Contact Person Mr. Jun Madrid
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

TBA

Filed on behalf by:
Name Paul Saria
Designation Vice President