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)

Jul 10, 2018

2. SEC Identification Number

ASO93-005277

3. BIR Tax Identification No.

002-648-099-000

4. Exact name of issuer as specified in its charter

LBC EXPRESS HOLDINGS, INC. (formerly FEDERAL RESOURCES INVESTMENT GROUP INC.)

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LBC Hangar, General Aviation Center, Domestic Airport Road, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 856 8510

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

Federal Resources Investment Group Inc. / No. 35 San Antonio Street, San Francisco del Monte, Quezon City 1105

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	1,425,865,471

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.

LBC Express Holdings, Inc.LBC

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 on the news article entitled “LBC Express to take over foreign units” posted in manilastandard.net on July 9, 2018.

Source	manilastandard.net
Subject of News Report	LBC Express to take over foreign units
Date of Publication	Jul 9, 2018

Clarification of News Report
This is in reference to the Philippine Stock Exchange’s (the “Exchange”) correspondence dated today, 10 July 2018, seeking clarification and/or confirmation of the news article “LBC Express to take over foreign units” posted in manilastandard.net on July 9, 2018. The article reported in part that: “Logistics company LBC Express Holdings Inc. plans to acquire two Hong Kong-based affiliates as a part of a strategy to consolidate its international businesses under the company. LBC chief finance officer Enrique Rey said in an interview following the annual stockholders’ meeting the company planned to acquire the cargo and remittance firms which were the remaining affiliates that it had not yet purchased. Rey said the acquisitions were expected to be completed in the next couple of years. ‘We want them to the healthier before they are consolidated into our business,’ Rey said. Hong Kong and Europe operations contributed less than 10 percent to LBC’s international business. . . . . Rey said with the acquisition, LBC Express would be able to expand the offerings of its overseas businesses. . . . .” In compliance with your request for clarification regarding the news article published by manilastandard.net on July 9, 2018, please be advised that at this time, no definitive plans to acquire the Hong Kong-based affiliates of the Company have yet been approved. Nonetheless, the Company continues to assess the viability of acquiring affiliates as part of its corporate re-organization to further strengthen the business of the Company. In any case, the Company will continuously comply with the required reporting and disclosure requirements under the Securities and Regulation Code and its implementing rules and regulations and the rules of the Philippine Stock Exchange.
Other Relevant Information
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