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 24, 2017

2. SEC Identification Number

133828

3. BIR Tax Identification No.

420-000-188-756

4. Exact name of issuer as specified in its charter

PRIMEX CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro-Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

G/F Richbelt Terraces 19 Annapolis Street, Greenhills, San Juan City Postal Code 1502

8. Issuer's telephone number, including area code

(632) 722-8078

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
Commonn Shares	1,661,666,665

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.

Primex CorporationPRMX

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
Primex now owns 98.2 % of subsidiary
Background/Description of the Disclosure
Primex Corporation acquired an additional 10.2% of the remaining twelve (12) percent stake in subsidiary, Primex Realty Corporation, thereby taking 98.2 % control of the subsidiary, which enjoys a debt-free status like its parent company. The subsidiary, which owns the 31-storey Stratosphere in Salcedo Village, Makati City, is also the owner of 2 prime properties in the Greenhills area, including the site of the upcoming Primex Tower along EDSA Connecticut St., Greenhills. The acquisition was purchased at its book value price. The accretive acquisition is expected to beef up Primex's land bank and enhance shareholders value in view of the tremendous earning potential of the properties upon development.
Other Relevant Information
N/A