C00277-2019

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)
Jan 15, 2019
2. SEC Identification Number
CS201619734
3. BIR Tax Identification No.
009-393-167
4. Exact name of issuer as specified in its charter
CHELSEA LOGISTICS HOLDINGS CORP.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Stella Hizon Reyes Road, Bo.Pampanga, Davao City Postal Code 8000
8. Issuer's telephone number, including area code
+63 82 224 5373
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 1,821,977,615
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.

Chelsea Logistics Holdings Corp.CLC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Decision of the Philippine Competition Commission on the proposed acquisition by Chelsea Logistics Holdings Corp. of the shares of stock of Trans-Asia Shipping Lines, Inc.

Background/Description of the Disclosure

In its Decision dated 11 January 2019, the Philippine Competition Commission resolved that it will not take further action on the acquisition by Chelsea Logistics Holdings Corp. of 2,000,000 common shares of Trans-Asia Shipping Lines, Inc. on the basis of the conditions provided in the Undertaking submitted by the Company.

Other Relevant Information

Among the conditions in the Undertaking of the Company are its agreement to price monitoring of passenger and cargo rates, submission of semi-annual reports on all trips of passenger and cargo services in the critical routes, explanation of all extraordinary rates increases in the critical routes, and maintenance of service quality of passenger and cargo routes based on customer satisfaction index developed by third party monitor.

Filed on behalf by:
Name Ma. Henedina San Juan
Designation Corporate Secretary