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)

Mar 29, 2019

2. SEC Identification Number

A20011402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS Philippines Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371-1111

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	1,549,999,999

11. Indicate the item numbers reported herein

item 9- other matters

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.

SBS Philippines CorporationSBS

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
Board Approvals
Background/Description of the Disclosure
We wish to inform you that the Board of Directors in its meeting today approved the following material transaction/information: a. Approval of the 2018 Audited Consolidated Financial Statements; b. Annual Report; c. Re-appropriation of IPO Use of Proceeds; and d. Declaration of Cash Dividends. The use of IPO proceeds referring to “Capex for Equipment and Machinery” will be re-appropriated to “Investment in Affiliates”. As for the declaration of cash dividends, the Board of Directors approved to declare cash dividends of PHP0.022 per share, to all shareholders of record as of May 10, 2019, wherein the payment date shall be on May 22, 2019.
Other Relevant Information
n/a