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)
Jan 18, 2023
2. SEC Identification Number
12397
3. BIR Tax Identification No.
0001070260
4. Exact name of issuer as specified in its charter
PHINMA Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati CityPostal Code1210
8. Issuer's telephone number, including area code
(632)8-8700100
9. Former name or former address, if changed since last report
Not applicable
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 shares
286,325,265
11. Indicate the item numbers reported herein
-
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.
Phinma CorporationPHN
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
Use of Bond Proceeds for Advance to PHINMA Property Holdings Corporation (PPHC)
Background/Description of the Disclosure
On January 18, 2023, PHINMA Corporation (PHN), provided an advance in the amount of P276 M to PHINMA Property Holdings Corporation (PPHC), a 35% owned affiliate, from the proceeds of PHN’s bond issuance.
In line with the disclosed use of bond proceeds to support the growth of PHINMA Corporation’s Strategic Business Units, the advance will be used by PPHC to fund its future development projects.
PPHC develops vertical and horizontal housing units catering to the affordable market segment in Metro Manila, Davao City, Cebu City and Batangas. PPHC through its subsidiaries also provides Construction and Property Management Services.
Other Relevant Information
Please see enclosed signed SEC 17-C.
Filed on behalf by:
Name
Rolando Soliven
Designation
Vice President - Group Corporate Assurance and Compliance Officer