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 7, 2017

2. SEC Identification Number

6609

3. BIR Tax Identification No.

000-233-218-000

4. Exact name of issuer as specified in its charter

PAXYS, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15TH FLOOR 6750 AYALA OFFICE TOWER, AYALA AVENUE, MAKATI CITY Postal Code 1226

8. Issuer's telephone number, including area code

(+632) 250-3800

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	1,148,534,866

11. Indicate the item numbers reported herein

ITEM NO. 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.

Paxys, Inc.PAX

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of Articles of Incorporation
Background/Description of the Disclosure
During its meeting held on November 6, 2017, the Board of Directors of Paxys, Inc. approved the decrease in number of directors thereby amending the Sixth Article of the Corporation's Articles of Incorporation.

Date of Approval by Board of Directors	Nov 6, 2017
Date of Approval by Stockholders	Dec 6, 2017
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Article No. 6	That the number of directors of the Corporation shall be nine (9), at least seven (7) of whom shall be Filipino citizens, and who will continue discharging their duties until the election of their successors in accordance with the By-laws of the Corporation...	That the number of directors of the Corporation shall be seven (7) who will continue discharging their duties until the election of their successors in accordance with the By-laws of the Corporation...

Rationale for the amendment(s)
The purpose of the amendment is to enhance the efficiency and effectiveness of the management of the Company and the rights of the shareholders in electing the members of the Board of Directors. The proposed amendment was approved by the Company’s Board of Directors and has been endorsed to the stockholders for its approval, confirmation and ratification.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	Dec 7, 2017
Expected date of SEC approval of the Amended Articles of Incorporation	Dec 29, 2017

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
A board consisting of seven (7) directors, in the opinion of management, will be adequate at this time to take up any business prospects which may be of interest to the Company.
Other Relevant Information
Amended to reflect the stockholders' approval on December 6, 2017 and to reflect that the expected date of SEC approval of the Amended Articles of Incorporation is on December 29, 2017.