C02333-2019

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)
Apr 10, 2019
2. SEC Identification Number
AS095002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI Holdings Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Dacon Bldg. 2281 Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8883000
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 13,277,470,000
Preferred 960
11. Indicate the item numbers reported herein
Item no. 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.

DMCI Holdings, Inc.DMC

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

Joint Venture between Robinsons Land Corporation ("RLC") and DMCI Project Developers, Inc. ("DMCI PDI")

Background/Description of the Disclosure

The incorporation of RLC DMCI Property Ventures, Inc., a joint venture company (JVC) between RLC and DMCI PDI, has been approved by the Securities and Exchange Commission.

Date of Approval by Board of Directors Sep 3, 2018
Date of Approval by Stockholders, if applicable N/A
Description and nature of the transaction including the timetable for implementation, and related regulatory requirements

RLC DMCI Property Ventures, Inc., shall engage in the purchase, lease, development and sale of real estate properties. The proposed project situated in Las Pinas City, is intended to be a multi-tower residential condominium and may include commercial spaces.

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

As two of the leading real estate developers in the country, the combined experience of RLC and DMCI PDI particularly on the design, construction and property management shall provide a well planned residential development to the market that we are serving.

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

RLC and DMCI PDI have agreed to put in an initial capitalization of P500,000,000.00 each.

Provisions on profit-sharing, arrangements on management and operations

Profit sharing shall be in accordance with the shareholding of each party, i.e 50:50. The JVC shall be managed by the Board of Directors composed of six (6) members, three (3) directors from each party.

Conditions precedent to closing of transaction, if any

N/A

Other salient features of the joint venture agreement

N/A

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
Robinsons Land Corporation no relationship -
Effect(s) on the business, financial condition and operations of the Issuer, if any

The incorporation of the JVC is not expected to have any adverse effect on the business, financial condition and Operations of DMCI PDI and DMCI Holdings Inc.

Other Relevant Information

None

Filed on behalf by:
Name Brian Lim
Designation Vice President & Senior Finance Officer