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)

Mar 14, 2018

2. SEC Identification Number

ASO94-039

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Makati, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228

8. Issuer's telephone number, including area code

(02) 519 7888

9. Former name or former address, if changed since last report

not applicable

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	2,334,640,312

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.

Global Ferronickel Holdings, Inc.FNI

PSE Disclosure Form 6-3 - Declaration of Property Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Property Dividend Declaration
Background/Description of the Disclosure
The Board in its regular meeting on March 14, 2018 approved the declaration of property dividend consisting of FNI listed treasury shares at the ratio of 0.06 share for every FNI share to all shareholders of record by April 2, 2018 based on the March 14, 2018 listed price. The declaration is subject to approval by the Securities and Exchange Commission (SEC). Payment for the property dividend shall be 15 trading days from receipt of the approval by the SEC of the property dividend. By way of example, the investor will get 1 fni treasury share for every 17 fni shares held. Entitled shareholders shall receive property dividends net of the offset advances if applicable and final withholding taxes. The Company shall withhold such number of shares equivalent to the advances and tax due. The Company shall apply for exemptive relief from the prescribed payment period for the dividends under the applicable rules. Ms. Mary Belle D. Bituin, SVP for Finance, was authorized to represent the Company in complying with legal requirements and implementing the declaration of property dividend.

Type of Securities

• Common
• Preferred-
• Others-

Property Dividend

Date of Approval by Board of Directors	Mar 14, 2018
Date of Approval by Stockholders	N/A
Date of Approval by Securities and Exchange Commission, if applicable	TBA
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Property to be Distributed	FNI listed treasury shares
Entitlement Ratio	1 fni treasury share for every 17 fni shares held
Record Date (to be determined after necessary approvals)	Apr 2, 2018
Payment Date (to be determined after necessary approvals)	TBA

Other Relevant Information
-