C03215-2014

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, 2014
2. SEC Identification Number
A199813754
3. BIR Tax Identification No.
201-277-095
4. Exact name of issuer as specified in its charter
Puregold Price Club, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
(632) 522-8801
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 Shares 2,766,406,406
11. Indicate the item numbers reported herein
Other Matter

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.

Puregold Price Club, Inc.PGOLD

PSE Disclosure Form 4-22 - Joint Ventures References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Signing of Joint Venture Agreement with Lawson Asia Pacific, Inc. and Lawson, Inc.

Background/Description of the Disclosure

PGOLD entered into a Joint Venture Agreement with Lawson Asia Pacific, Inc. and Lawson, Inc. to build and operate convenient stores.

Date of Approval by Board of Directors Jun 12, 2014
Date of Approval by Stockholders, if applicable N/A
Description and nature of the transaction including the timetable for implementation, and related regulatory requirements

Within the period of seven years. Regulation are the usual business permits and other license that will be required by the local government agency where the convenient stores will be located.

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

Natural extension of PGOLD's presence in the local retail landscape.

Terms and conditions of the joint venture
Amount of investment and/or interest by the parties involved

70% of investment from PGOLD and 30% from Lawson.

Provisions on profit-sharing, arrangements on management and operations

To be determined.

Conditions precedent to closing of transaction, if any

Signing of Master License Agreement by PGOLD.

Other salient features of the joint venture agreement

None

Identity and/or corporate background of the parties to the transaction, including the following
Name Nature of Business Nature of any material relationship with the Issuer, their directors/officers or any of their affiliates
Lawson Inc. Convenient store operator No relation
Lawson Asia Pacific Convenient store operator No relation
Effect(s) on the business, financial condition and operations of the Issuer, if any

Natural extension of PGOLD's presence in the local retail landscape.

Other Relevant Information

None

Filed on behalf by:
Name Candy Dacanay-Datuon
Designation Assistant Corporate Secretary