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)

Apr 27, 2018

2. SEC Identification Number

147584

3. BIR Tax Identification No.

002-727-376-000

4. Exact name of issuer as specified in its charter

PREMIERE HORIZON ALLIANCE CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Unit 1705, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(02) 632-7715

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 STOCK P 0.25 PAR VALUE	1,990,480,889

11. Indicate the item numbers reported herein

Item No.9 Other Item

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.

Premiere Horizon Alliance CorporationPHA

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Premiere Horizon to Declare Cash Dividend to Cover Taxes on the Declared Property Dividend of Infra Subsidiary
Background/Description of the Disclosure
We are pleased to announce that the Board of Directors of Premiere Horizon Alliance Corporation (“PHA” or the “Company”) has approved, out of the unrestricted retained earnings as of December 31, 2017,  a property dividend consisting of 268,000,000 shares of stock with at the new par value of Php0.10 per share of Redstone Construction and Development Corporation (RCDC) and a CASH DIVIDEND of Php0.001482 per share or a total of Php2,950,000 to be applied to the payment of any applicable withholding taxes on the property and cash dividends so declared.  The Company’s President was authorized by the Board to determine and finalize the Record Date sometime in April 2018 and the Payment Date subject to the necessary regulatory approvals. The property dividend ratio will be paid at 1,346 RCDC shares for every 10,000 shares of PHA. No fractional shares shall be issued. In case a stockholder is entitled to a fractional RCDC share, the Company shall pay for such fraction in cash based on par value.   Together with the property and cash dividends, the Board also approved the grant of 268 million detachable nil-paid warrants that will entitle the warrantholder to acquire one RCDC share from PHA for each warrant held. The strike price of the warrants and the final terms shall be finalized and subsequently disclosed. The warrants shall be applied for listing in the Philippine Stock Exchange.   The shareholders of RCDC has approved the repositioning into an infrastructure company and will undertake a listing by way of introduction within the third quarter of this year. The RCDC shareholders also approved an investment of up to 85% in two companies with MPSAs over probable commercial-grade limestone deposits. The RCDC repositioning is envisioned in order to capitalize on the booming construction industry and the bullish infrastructure environment supported by the government’s Build Build Build program.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	Mar 20, 2018
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	TBA
Type (Regular or Special)	N/A
Amount of Cash Dividend Per Share	Php0.001482 per share or a total of Php2,950,000 to be applied to the payment of any applicable withholding taxes on the property and cash dividends so declared.
Record Date	May 15, 2018
Payment Date	TBA

Source of Dividend Payment
Unrestricted Retained Earnings as of December 31, 2017.
Other Relevant Information
The Cash Dividends declared is to be applied to the payment of any applicable withholding taxes on the property dividends that will be declared. The amendment was made to reflect the record date on May 15, 2018.