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 18, 2017

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-V

4. Exact name of issuer as specified in its charter

ABOITIZ EQUITY VENTURES, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 886-2800

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 P1 Par Value	5,633,792,557
Amount of Debt Outstanding (September 30, 2017)	272,128,645,062.00

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.

Aboitiz Equity Ventures, Inc.AEV

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 to the December 17, 2017 manilastandard.net News Article

Source	manilastandard.net
Subject of News Report	Aboitiz Spending P50b Next Year
Date of Publication	Dec 17, 2017

Clarification of News Report
Dear Mr. Zuño: This refers to the letter from the Philippine Stock Exchange (PSE) requesting Aboitiz Equity Ventures, Inc. (AEV) to confirm the veracity of the information contained in manilastandard.net news article dated December 17, 2017 entitled “Aboitiz spending P50b next year” a portion of which are quoted hereunder: ………………….. “Aboitiz Equity Ventures Inc., the listed holding company of the Aboitiz Group, said it plans to spend P40 billion to P50 billion in 2018 mainly to roll out more power projects. AEV chief finance officer Manuel Lozano said the 2018 capital expenditure would almost match this year’s spending, as the company continued to secure funding requirements for major power projects. A major capital spending planned by the company next year is the P13-billion Apo-Agua water project, which is set to be country’s largest private bulk water supply facility with a fully renewable energy-powered water treatment plant. . . . . Lozano said construction of the project was expected to start next year while completion would be in 2020. . . . . Meanwhile, the planned expansion of the group’s cement plant is expected in 2018 or 2019. . . . .” ………………….. We confirm the statements made by Mr. Manuel R. Lozano, AEV’s Senior Vice President and Chief Finance Officer/Corporate Information Officer. We trust the foregoing is to your satisfaction. Very truly yours, ABOITIZ EQUITY VENTURES, INC. By: (SGD.) MAILENE M. DE LA TORRE Assistant Corporate Secretary Cc: MS. VINA VANESSA S. SALONGA Head, Disclosure Department Philippine Dealing & Exchange Corp. Market Regulatory Services Group 37/F Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas, Makati City
Other Relevant Information
Please see attached.