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 12, 2017

2. SEC Identification Number

42020

3. BIR Tax Identification No.

047000526765V

4. Exact name of issuer as specified in its charter

LMG CHEMICALS CORP

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

851 A ARNAIZ AVENUE CHEMPHIL BLDG Postal Code 1229

8. Issuer's telephone number, including area code

818-5206

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

851 A ARNAIZ AVENUE CHEMPHIL BLDG

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	193,644,204

11. Indicate the item numbers reported herein

Item 2

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.

LMG Chemicals CorporationLMG

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure
SHARE PURCHASE AGREEMENT (SPA) OF CHEMICAL INDUSTRIES OF THE PHILS. INC (CIP) AND NEWMANHOLDINGS INC.
Background/Description of the Disclosure
TERMINATION OF SPA
Other Relevant Information
The Corporation was advised by its principal shareholder, CIP, that it has terminated the Share Purchase Agreement (“SPA”) with Newmanholdings effective 11 September 2017 pursuant to Clause 9.1(b)(ii) of the aforementioned SPA. Due to certain unforeseen events beyond the control of the parties, the required tender offer has not yet been completed and Newmanholdings is unable to confirm and undertake to the Corporation when such tender offer shall be completed. As a result of such uncertainty and in light of the continued delay in the completion of the mandatory tender offer as earlier disclosed by the Corporation in its disclosure dated 30 August 2017, the Corporation has decided to terminate the SPA with Newmanholdings. Given this termination, the Company expects that Newmanholdings will withdraw its tender offer for the shares of the Corporation.