C08260-2021

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)
Dec 9, 2021
2. SEC Identification Number
31050
3. BIR Tax Identification No.
000-152-291-000
4. Exact name of issuer as specified in its charter
Sta. Lucia Land, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Penthouse, Building 3, Sta. Lucia Mall, Marcos Highway corner Imelda Avenue, Cainta, Rizal Postal Code 1900
8. Issuer's telephone number, including area code
(02) 8681-7332
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 8,196,450,000
11. Indicate the item numbers reported herein
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.

Sta. Lucia Land, Inc.SLI

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

Results of the Special Meeting of the Board of Directors held on 09 December 2021
Background/Description of the Disclosure

Results of the Special Meeting of the Board of Directors held on 09 December 2021
Other Relevant Information

At the Special Meeting of the Board of Directors of the Corporation held on 09 December 2021 at its principal office, at which meeting a quorum was present and acting throughout, the following were discussed and approved:

A. Approval of the Minutes of the Special Meeting of the Board of Directors held on 02 September 2021;

B. Resolutions authorizing the Corporation to acquire the following parcels of land:

1. Parcels of land located in Batangas with a total area of 29,741 sq.m;
2. Parcels of land located in Laguna with a total area of 241,163 sq.m;
3. Parcel of land located in Davao with an area of 139,516 sq.m;
4. Parcels of land located in Pangasinan with a total area of 133,697 sq.m; and
5. Parcels of land located in Rizal with a total area of 240,550 sq.m.

C. Resolutions authorizing the Corporation to enter into joint ventures involving the development of the following:

1. A project located in Batangas with an area of 57,759 sq.m;
2. A project located in Cavite with an area of 95,944 sq.m; and
3. A project located in Rizal with an area of 28,920 sq.m.

D. Resolutions authorizing the Corporation to enter into joint venture agreements with Sta. Lucia Realty & Development, Inc., the terms of which were duly reported to, and approved by, the Related Party Transactions Committee pursuant to the Corporation’s Material Related Party Transactions Policy, involving the development of projects located in Batangas with a total area of 400,564 sq.m.;

E. Resolutions authorizing the Corporation to obtain a credit line facility in the aggregate principal amount of up to Two Hundred Million Pesos (PhP200,000,000.00) from Unicapital Inc. and/or Unicapital Finance and Investments Inc.;

F. Resolutions authorizing the Corporation to obtain a short-term loan facility in the aggregate principal amount of up to Three Hundred Million Pesos (PhP300,000,000.00) from several creditors through Unicapital Inc. and/or Unicapital Finance and Investments Inc.;

G. Resolutions authorizing the Corporation to obtain a loan and/or other credit accommodations and facilities from Union Bank of the Philippines in the principal aggregate amount of up to Five Hundred Twenty Five Million Pesos (PhP525,000,000.00);

H. Resolutions authorizing the Corporation to obtain a short-term loan facility in the aggregate principal amount of up to Five Hundred Million Pesos (PhP500,000,000.00) from several creditors through Amalgamated Investment Bancorporation;

I. Resolutions authorizing the Corporation to obtain a check printing facility from Rizal Commercial Banking Corporation and to maintain deposit account/s for such purpose; and

J. Resolutions: (a) authorizing the Corporation to distribute its unrestricted retained earnings in the aggregate amount of Three Hundred Twenty Seven Million Eight Hundred Fifty Eight Thousand Philippine Pesos (PhP327,858,000.00) in the form of cash dividends to its stockholders of record as of 23 December 2021, in proportion to their respective shareholdings, or Four Centavos (PhP0.04) per share; and (b) setting the distribution of the said cash dividends not later than 27 December 2021.
Filed on behalf by:
Name Patricia Bunye
Designation Corporate Secretary