C06891-2017

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)
Nov 15, 2017
2. SEC Identification Number
184044
3. BIR Tax Identification No.
350-000-775-860
4. Exact name of issuer as specified in its charter
JG SUMMIT HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
43rd Floor Robinsons Equitable Tower, ADB Avenue corner Poveda St.,Ortigas Center, Pasig City, Metro Manila Postal Code 1605
8. Issuer's telephone number, including area code
{632)633-7631 to 40
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 7,162,841,657
11. Indicate the item numbers reported herein
9

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.

JG Summit Holdings, Inc.JGS

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of news report

Source Inquirer.net
Subject of News Report Gotianun, Gokongwei offer to spend P839B to develop Clark
Date of Publication Nov 15, 2017
Clarification of News Report

We refer to your letter dated November 15, 2017 with respect to the news article entitled “Gotianun, Gokongwei offer to spend P839B to develop Clark” posted in Inquirer.net on November 15, 2017. The article reported in part that:

“The Gotianun and Gokongwei groups have submitted a new unsolicited proposal to redevelop the Clark International Airport, committing to invest P839 billion or about four and a half times bigger that the capital outlays previously proposed to build an alternative international gateway to the metropolis.

The Filinvest Development Corp. and JG Summit Holdings consortium has appointed Changi Airports International (CAI)—part of the group that operates Singapore Changi Airport—as technical partner for this project.

In a statement yesterday, the consortium said the new proposal, which seeks to redevelop Clark through a joint-venture agreement, had been submitted to the Bases Conversion and Development Authority (BCDA) and the Department of Transportation (DOTr).

The new investment commitment is larger than the P187-billion outlay proposed when the consortium submitted its original unsolicited proposal for Clark last year. . . .

‘This proposal is different from the one earlier submitted by the consortium as it does not include the construction of the second terminal building but instead proposes the long-term development of the airport into the country’s second international gateway and also includes the operation and maintenance of the existing and new terminals under a joint venture with BCDA,’ the Filinvest-JG Summit consortium said.

Based on the latest proposal, the consortium will build future capacity augmentation, expand airport facilities including terminals and runways, among others, as well as operate and maintain the existing and new passenger terminals.

The consortium also proposes to develop, operate and maintain the commercial assets of the Clark International Airport, which include facilities for general aviation, fixed-base operations and real estate.

....."

JG Summit Holdings, Inc. confirms the information stated above.

Other Relevant Information

N/A

Filed on behalf by:
Name Rosalinda Rivera
Designation Corporate Secretary