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 22, 2018

2. SEC Identification Number

A200117708

3. BIR Tax Identification No.

219-934-330

4. Exact name of issuer as specified in its charter

XURPAS INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Cambridge Centre Building, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 889-6467

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 Shares	1,803,654,504

11. Indicate the item numbers reported herein

Item 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.

Xurpas Inc.X

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
Amendment of Payment Terms in relation to Xurpas Inc.’s acquisition of Art of Click Pte. Ltd.
Background/Description of the Disclosure
On February 22, 2018, the Board of Directors of Xurpas Inc. ("Xurpas") approved the amendment of the Share Purchase Agreement executed on October 6, 2016 pertaining to its acquisition of 100% of the shares in Art of Click, Pte. Ltd. ("AOC"). The following are the material terms provided in the amendment: 1. Payment to one of the sellers, Wavemaker Labs Pte. Ltd. (Wavemaker) will be discounted from Php116,028.10 per share to Php108,525.33 per share. 2. To implement the amendment of the Share Purchase Agreement, there will be a placement and subscription transaction involving 67,285,706 Xurpas shares by way of a block sale through the facilities of the Philippine Stock Exchange. The purchase price is based on the last traded price of Xurpas shares or Php3.80 per share as of February 21, 2018. The transaction concludes the implementation of the Xurpas' acquisition of AOC.
Other Relevant Information
None.