C00527-2019

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 29, 2019
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F CAMBRIDGE CENTRE BUILDING, 108 TORDESILLAS ST., SALCEDO VILLAGE, MAKATI CITY Postal Code 1227
8. Issuer's telephone number, including area code
(632) 889-6467
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 1,870,940,210
11. Indicate the item numbers reported herein
ITEM 4

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.

Xurpas Inc.X

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Change in Directors and Officers

Background/Description of the Disclosure

On January 29, 2019, Mr. Raymond Gerard S. Racaza resigned as Director, President and Chief Executive Officer. His resignation shall be effective on January 30, 2019.

On the same day, the board of directors of Xurpas Inc. approved the appointment of the following:
1. Mr. Alexander D. Corpuz was appointed as Director and Interim President. He will also continue to act as Chief Finance Officer and Chief Information Officer; and
2. Mr. Fernando Jude F. Garcia was appointed as Treasurer. He will also continue to act as Director and Chief Technology Officer.

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Raymond Gerard S. Racaza Director, President and Chief Executive Officer 01/30/2019 Personal Reasons
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)
Effective Date of Appointment Election
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
N/A N/A N/A N/A 0 0 0
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)
Effective Date of Change
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
Alexander D. Corpuz Chief Finance Officer and Chief Information Officer Director, President, Chief Finance Officer and Chief Information Officer 01/29/2019 02/01/2019 1,000 0 Not Applicable
Fernando Jude F. Garcia Director and Chief Technology Officer Director, Chief Technology Officer and Treasurer 01/29/2019 02/01/2019 415,765,960 0 Not Applicable
Other Relevant Information

Mr. Raymond Gerard S. Racaza will remain as Principal Stockholder with 20.08% shareholdings in Xurpas Inc.

Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer