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 27, 2018

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371 1111

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 SHARE	1,549,999,999

11. Indicate the item numbers reported herein

Items 4 & 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.

SBS Philippines CorporationSBS

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
Matters approved by the Board of Directors in its regular meeting held on March 27, 2018
Background/Description of the Disclosure
In its regular meeting held on March 27, 2018, the Board of Directors of the Company considered and approved the following matters: (a) Board Charter (b) Revised Policy on Insider Trading (c) Revised Whistleblowing Policy (d) 2017 Audited Consolidated Financial Statements of the Company and its Subsidiaries & Management Discussion and Analysis (e) 2017 Audited Financial Statement of the Company (f) Acceptance of resignations of Atty Regina Simona de Guzman as General Counsel and Compliance Officer and Ms. Sabrina Adamelle Poon-Sytengco as Corporate Information Officer, with effect on March 31, 2018; (g) Appointment of Ms. Aylene Y. Sytengco as new compliance officer and Atty Jose Fidel R. Acuna as corporate information officer, with effect on April 1, 2018 (h) Fixed the date, time and venue for the Annual Stockholders Meeting to be held on 22 June 2018, Friday at 3:00 o’ clock in the afternoon at the Gabaldon Room, Club Filipino located at Corner Eisenhower St., Club Filipino Avenue, San Juan, Metro Manila and agenda (i) Utilization of SRO proceeds in payment of the additional share subscription in SBS Holdings and Enterprises Corporation following the latter’s approval of the allotment and issue of the 425,312,500 common shares to the Company on March 27, 2018 (j) SBS shareholder consent for Cleon Phils. Holdings Corp to offer for sale and negotiate for the divestment of its 54,598.17 square meter lot in Barangays Vergara and Namayan in Mandaluyong City.
Other Relevant Information
None