C03448-2018

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)
May 16, 2018
2. SEC Identification Number
AS095002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Dacon Bldg. 2281 Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8883000
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 13,277,470,000
Preferred 3,780
11. Indicate the item numbers reported herein
Item No. 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.

DMCI Holdings, Inc.DMC

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of News Report

Source www.bworldonline.com
Subject of News Report DMCI raises capex to over P40B this year
Date of Publication May 16, 2018
Clarification of News Report

May 16, 2018


DISCLOSURE DEPARTMENT
The Philippine Stock Exchange
3/F Tower One and Exchange Plaza
Ayala Triangle, Ayala Avenue
Makati City


Attention: JOSE VALERIANO B. ZUÑO III
OIC - Head, Disclosure Department


Gentlemen:

We reply to your request for clarifications on the news article entitled “DMCI raises capex to over P40B this year” posted in bworldonline.com on May 16, 2018. The article reported in part that:

“DMCI Holdings, Inc. is setting aside P40.7 billion in capital expenditures this year, the bulk of which will go into its property and integrated energy businesses, company officials said on Tuesday.

‘Without Maynilad [Water Services, Inc.], capex is P31.5 billion,’ Herbert M. Consunji, DMCI chief finance officer, told reporters after the holding firm’s annual stockholders’ meeting at the Manila Polo Club in Makati City.

Of the P31.5 billion, Mr. Consunji said P16 billion had been allocated to DMCI Homes, Inc., while Semirara Mining and Power Corp. would get P13 billion.

DMCI Power Corp., the firm’s off-grid energy developer, has a budget of P2.034 billion, which will go largely into the development of a 15-megawatt (MW) coal-fired power plant in Masbate province.

. . . .

Company officials said they were going to adjust this year’s sales target to P40 billion after aiming for P31 billion late last year. In 2017, they said the company reached P40 billion in property sales.

During the same briefing, Mr. Consunji said DMCI Holdings had deferred plans to venture into renewable energy, including setting aside its possible foray into run-of-river power development projects.

He said the group’s venture into renewable energy had been ‘postponed until better times.’

. . . .”

We confirm the information on the above news article. However, we also wish to clarify the following:

1. The P40.7 billion pertains to disbursement budget for capital expenditure for 2018.
2. Sales and reservation of P40 billion in 2017 pertains to December 2016 to November 2017 period.

Other Relevant Information

None

Filed on behalf by:
Name Brian Lim
Designation Vice President & Senior Finance Officer