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)

Sep 23, 2021

2. SEC Identification Number

10683

3. BIR Tax Identification No.

000-141-166

4. Exact name of issuer as specified in its charter

SUNTRUST HOME DEVELOPERS, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

26th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City Postal Code 1634

8. Issuer's telephone number, including area code

(632) 8894-6300

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	7,250,000,000

11. Indicate the item numbers reported herein

Item 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.

Suntrust Home Developers, Inc.SUN

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
Comprehensive Corporate Disclosure of Suntrust Home Developers, Inc. in relation to the Subscription Agreement between SUN and Summit Ascent Investments Limited
Background/Description of the Disclosure
On 20 September 2021, Suntrust Home Developers Inc. (“SUN”) and Summit Ascent Investments Limited (“SA Investments” or “Bondholder”) entered into a Subscription Agreement (“CB Subscription Agreement”), wherein SUN agreed to issue, and SA Investments agreed to subscribe, for the Convertible Bond (“CB”) in the principal sum of an amount equivalent to the Loan Indebtedness (the “Loan Indebtedness”) upon and subject to the completion of certain conditions precedent under the CB Subscription Agreement. The Loan Indebtedness pertains to an amount up to a maximum of P6,400,000,000 that is due under the loan agreement dated 23 February 2021 as amended and extended (the “Loan Agreement”) entered into between SA Investments as lender and SUN as borrower for the principal amount of US$120,000,000.00, together with and all other amounts due and owing by SUN to SA Investments under the Loan Agreement on maturity date. SA Investments is a direct wholly-owned subsidiary of Summit Ascent Holdings Limited (“Summit Ascent”) where Summit Ascent is an affiliate of the Corporation with both Summit Ascent and the Corporation having common stockholders owning at least ten percent (10%) of the outstanding voting capital stock for each of Summit Ascent and the Corporation.
Other Relevant Information
For more information on the terms of the CB Subscription Agreement, please refer to the Annex A to this Disclosure Form. Please refer to Annex B for the joint announcement of Summit Ascent Holdings Limited and Suncity Group Holdings Limited with respect to the transaction.