C04099-2018

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)
Jun 13, 2018
2. SEC Identification Number
AS092-00589
3. BIR Tax Identification No.
001-817-292
4. Exact name of issuer as specified in its charter
Greenergy Holdings Incorporated
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
54 National Road, Dampol II-A, Pulilan, Bulacan Postal Code 3005
8. Issuer's telephone number, including area code
(02) 997-5184
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 1,800,778,572
Preferred Shares 1,000,000,000
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.

Greenergy Holdings IncorporatedGREEN

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendment of Articles of Incorporation

Background/Description of the Disclosure

This pertains to the amendment of the Sixth Article of the Articles of Incorporation of Greenergy Holdings Incorporated (the "Company") in order to reduce the number of directors from eleven (11) directors with two (2) independent directors to nine (9) directors with two (2) independent directors, subject to the approval of the Securities and Exchange Commission.

Date of Approval by
Board of Directors
Jun 13, 2018
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval TBA
Amendment(s)
Article No. From To
Sixth SIXTH. The number of directors of said corporation shall be eleven (11), two (2) of whom shall be independent directors, and the names, nationalities, and residences of said directors who are to serve until their successors are elected and qualified as provided in the By-Laws are as follows: x x x SIXTH. The number of directors of said corporation shall be nine (9), two (2) of whom shall be independent directors, and the names, nationalities, and residences of said directors who are to serve until their successors are elected and qualified as provided in the By-Laws are as follows: x x x
Rationale for the amendment(s)

Given the current limited operations of the Company, the Board of Directors resolved to reduce the number of directors from eleven (11) directors to nine (9) directors without reducing the number of independent directors for purposes of efficiency.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC TBA
Expected date of SEC approval of the Amended Articles of Incorporation TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

None.

Other Relevant Information

None.

Filed on behalf by:
Name Paula Katrina Nora
Designation Assistant Corporate Secretary