SECURITIES AND EXCHANGE COMMISSIONSEC FORM 18-A

REPORT BY OWNER OF MORE THAN FIVE PERCENT

Check the appropriate box:

Initial Filing

Amendment

Item/s amended by the Filing SALE OF STOCKS

1. Exact Name of Registrant as Specified in its Charter

CHESA HOLDINGS INC.

a. Address of Principal Offices

2111 CITYLAND 10 TOWER 2H.V. DELA COSTA ST., SALCEDO VILLAGE, MAKATI CITY Postal Code 1227

b. SEC Identification Number

A200200643

c. Industry Classification Code(SEC Use Only)

d. BIR Tax Identification No.

215-735-394

2. Name of Reporting Person

YOLANDA C. FERNANDEZ

a. Address of Principal Offices

ROOM 206 BENCOM BLDG., 146 WEST AVENUE, BRGY. PHIL-AM, Q.C. Postal Code 1104

b. Telephone Number of Reporting Person

8-7065980

c. Citizenship or Place of Organization of Reporting Person

FILIPINO

Name, Address and Telephone Number of person authorized to receive notices and communications if reporting person is a partnership, corporation or other legal entity

YOLANDA C. FERNANDEZ/ TEL. 87067888/C/O ROOM 206 BENCOM BLDG., 146 WEST AVENUE, BRGY. PHIL-AM, QUEZON CITY

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.

Waterfront Philippines, IncorporatedWPI

PSE Disclosure Form 17-8 - Report by Owner of More Than Five Percent
References: SRC Rule 18
and Section 17.5 of the Revised Disclosure Rules

Description of the Disclosure
REPORT BY OWNER OF MORE THAN FIVE PERCENT