C00883-2018

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)
Feb 13, 2018
2. SEC Identification Number
CS201000985
3. BIR Tax Identification No.
007-582-936
4. Exact name of issuer as specified in its charter
SFA SEMICON PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
Pampanga, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Panday Pira Avenue, corner Creekside Road, Clark Freeport Zone, Pampanga Postal Code 2009
8. Issuer's telephone number, including area code
045-499-1742 / 045-499-1746 / 045-499-1756
9. Former name or former address, if changed since last report
PHOENIX SEMICONDUCTOR PHILIPPINES CORP.
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 Shares 2,165,024,111
11. Indicate the item numbers reported herein
Item 9. Other Events

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.

SFA Semicon Philippines CorporationSSP

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 replacement Director for Mr. Hyunchul Lee

Background/Description of the Disclosure

In accordance with the policy of its parent company, SFA Semicon Co., Ltd. ("SSK"), on the rotation of Korean expatriates in its subsidiaries, the Board of Directors of the Company, at its regular meeting held today, approved the election of Replacement Director for Hyunchul Lee.

Upon nominations duly made and seconded, and in accordance with the recommendation of the Nomination Committee, the Board of Directors unanimously elected Mr. Joonsang Kang as director of the Corporation, to serve as such effective on March 1, 2018 for the remainder of the unexpired term of Mr. Lee and until Mr. Kang’s successor shall have been duly elected and qualified.

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Hyunchul Lee Director 03/01/2018 Rotation of expatriates in subsidiaries.
Anna Gayle T. Barin Assistant Corporate Secretary 03/01/2018 Voluntary resignation from the Company due to personal considerations.
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
Joonsang Kang Director, Audit Committee Member 03/01/2018 03/01/2018 1 0 Not Applicable
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
- - - - - - - -
Other Relevant Information

Please see attached SEC Form 17-C for further details.

Filed on behalf by:
Name Anna Gayle Barin
Designation Assistant Corporate Secretary