C05835-2017

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 27, 2017
2. SEC Identification Number
39121
3. BIR Tax Identification No.
000-141-527-000
4. Exact name of issuer as specified in its charter
PhilWeb Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
The Penthouse, Alphaland Southgate Tower, 2258 Roces Avenue corner EDSA, Makati City, Philippines Postal Code 1232
8. Issuer's telephone number, including area code
6322365577
9. Former name or former address, if changed since last report
-
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 1,435,626,680
11. Indicate the item numbers reported herein
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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.

PhilWeb CorporationWEB

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Annual Stockholders' Meeting

Background/Description of the Disclosure

Results of Annual Stockholders' Meeting

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Gregorio Ma. Araneta III 100 784,695,474 thru Gregorio Araneta, Inc.
Crisanto Roy B. Alcid 100 0 -
Dennis O. Valdes 2,533,200 21,223,565 thru HKPirate Holdings, Inc.
Edgar N. Ang 50,000 0 -
Luis M. Araneta 100 0 -
Mario A. Oreta 1 0 -
Rafael B. Ortigas 1,200 0 -
Philip S. Tuazon 371,500 0 -
William M. Valtos 100 0 -
External auditor Reyes Tacandong & Co.
List of other material resolutions, transactions and corporate actions approved by the stockholders

1. Amendment of the Third Article of the Articles of Incorporation to reflect the new address of the Principal Office of the Corporation to 6/F Adamson Centre, 121 L.P. Leviste Street Salcedo Village, Makati City, Philippines
2. Amendment of the Fourth Article of the Articles of Incorporation to extend the corporate term of the Corporation for another 50 years
3. Amendment of the Sixth Article of the Articles of Incorporation to reduce the number of members of the board of directors from fifteen to eleven
4. Amendment of Sections Two, Three and Nine, Article II-A of the By-laws of the Corporation to replace the Nomination Committee with the Corporate Governance Committee
5. Amendment of Section Ten, Article IV of the By-laws of the Corporation to replace the Compensation Committee with the Corporate Governance Committee

Other Relevant Information

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Filed on behalf by:
Name Raymund Aquino
Designation VP Legal/Assistant Corporate Secretary