C07240-2017

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)
Dec 4, 2017
2. SEC Identification Number
52412
3. BIR Tax Identification No.
000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5/F Tower A Two E-Com Center, Palm Coast Ave., Mall of Asia Complex, Pasay City Postal Code 1300
8. Issuer's telephone number, including area code
02-6628888
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 Stock 10,498,679,857
11. Indicate the item numbers reported herein
item #4

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.

Belle CorporationBEL

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Election of Messrs. Emilio S. De Quiros, Jr. and Amando M. Tetangco, Jr. to the Belle Board of Directors
Background/Description of the Disclosure

04 December 2017

SECURITIES AND EXCHANGE COMMISSION
Secretariat Building, PICC Complex
Roxas Blvd., Metro Manila

Attention: Mr. Vicente Graciano P. Felizmenio
Director, Markets and Securities Regulation Dept.

and

THE PHILIPPINE STOCK EXCHANGE, INC.
3/F Philippine Stock Exchange Plaza
Ayala Triangle, Ayala Avenue
Makati City, Metro Manila

Attention: Mr. Jose Valeriano B. Zuño III
OIC – Head, Disclosure Department

Subject: Election of new Directors of Belle Corporation

Gentlemen:

Please be advised that in its meeting held today, the Corporation’s Board of Directors, acting on the recommendation of the Corporate Governance Committee, elected:

1. Mr. Emilio S. De Quiros, Jr. as a Non-Executive Director
2. Mr. Amando M. Tetangco, Jr. as an Independent Director

Mr. De Quiros and Mr. Tetangco will be assuming the vacant positions in the Board effective December 04, 2017.

Please see attached Annex A showing the profiles of Messrs. De Quiros and Tetangco, for your reference.

Thank you for your kind attention.

Very truly yours,

Manuel A. Gana
President and Chief Executive Officer
Corporate Information Officer
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
n/a n/a 0 n/a
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)		 Effective Date of Appointment Election
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Emilio S. De Quiros, Jr. Non-executive Director 12/04/2017 12/04/2017 50,001 0 n/a
Amando M. Tetangco, Jr. Independent Director 12/04/2017 12/04/2017 1,000 0 n/a
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)		 Effective Date of Change
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
n/a n/a n/a n/a n/a 0 0 n/a
Other Relevant Information

Annex A:

Directors’ Profiles:

Emilio S. De Quiros, Jr.
Mr. De Quiros has served as a Director of the Company since September 2010 up to March 2017. He served as the President and Chief Executive Officer of the Social Security System (“SSS”) from August 24, 2010 until November 16, 2016. He was also a Director of UnionBank of the Philippines and Philhealth Insurance Corporation. Prior to his appointment as President and Chief Executive Officer of SSS, he served as Executive Vice President of Bank of the Philippine Islands and President of Ayala Life Insurance Inc., Ayala Plans, Inc. and BPI Bancassurance, Inc. He was also a director of ALFM Peso Mutual Fund, Inc., ALFM Dollar Mutual Fund, Inc., ALFM Euro Mutual Fund, Inc., ALFM Growth and Philippine Stock Index Fund. Mr. De Quiros graduated from Ateneo de Naga with a Bachelor of Arts in Economics degree (Cum Laude), and holds a Master of Arts in Economics degree from University of the Philippines.

Amando M. Tetangco, Jr.
Mr. Tetangco was the third Governor of the Bangko Sentral ng Pilipinas (BSP) and has served for two consecutive 6-year terms from July 2005 until July 2017. Under his leadership, the BSP initiated bank regulatory reforms such as on risk management, capitalization increase, asset quality, among others. A career central banker, he had occupied different positions at the BSP in a span of over three decades where he started as an employee at the BSP’s Statistics Department and rose from the ranks. Before joining the BSP in 1974, he was connected to the Management Services Division of Sycip, Gorres, Velayo & Co. Mr. Tetangco graduated from Ateneo de Manila University with an AB Economics degree (Cum Laude) where he also took up graduate courses in Business Administration. As a BSP scholar, he obtained his MA in Public Policy and Administration (Development Economics) at the University of Wisconsin in Madison, USA.
Filed on behalf by:
Name Elizabeth Tan
Designation Manager-Governance & Corp Affairs/Investor Relations