SECURITIES AND EXCHANGE COMMISSION
SEC 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)

Jan 27, 2023

2. SEC Identification Number

CS201308147

3. BIR Tax Identification No.

008-521-690

4. Exact name of issuer as specified in its charter

RASLAG CORP.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

1210 Robinsons Equitable Tower, ADB Ave. cor. Poveda St., Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(02) 8636-6486

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 Shares	1,500,000,000

11. Indicate the item numbers reported herein

2

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.

Raslag Corp.ASLAG

PSE Disclosure Form 4-1 - Acquisition or Disposition of Assets References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of 42-hectare property for RASLAG-6
Background/Description of the Disclosure
RASLAG CORP. intends to purchase parcels of land (a total of approximately 42 hectares) located in Brgys. Plastado and Carino, Gerona, Tarlac, to serve as the site for RASLAG-6 which is planned to connect to the NGCP 69 kV Transmission line.

Date of Approval by Board of Directors	Jan 27, 2023

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The property shall serve as the site for RASLAG-6. which is planned to connect to the NGCP 69 kV Transmission line which passes through the area and those adjacent to it. An additional operating solar plant is expected to increase RASLAG CORP.’s income in the near future.

Details of the acquisition or disposition

Date	TBA

Description of the Transaction
The transaction shall involve a sale between RASLAG CORP. and multiple sellers for the purchase of parcels of land located in in Gerona, Tarlac.
Manner
Purchase of parcels of land
Description of the assets involved
Parcels of land (a total of approximately 42 hectares) located in Brgys. Plastado and Carino, Gerona, Tarlac

Terms and conditions of the transaction

Nature and amount of consideration given or received
RASLAG CORP. will purchase parcels of land with a total selling price of approximately P 273,000,000 or at P 650/ sqm., exclusive of capital gains taxes, documentary stamp taxes, land reclassification and conversion fees, and other miscellaneous fees and expenses
Principle followed in determining the amount of consideration
The parties determined the selling price after negotiations.
Terms of payment
Earnest Money = approximately P 27,300,000 Down Payment = approximately P 61,425,000 Balance to be paid in nine (9) equal monthly payments = approximately P 20,475,000
Conditions precedent to closing of the transaction, if any
TBA
Any other salient terms
TBA

Identity of the person(s) from whom the assets were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
TBA	TBA

Effect(s) on the business, financial condition and operations of the Issuer, if any
The property shall serve as the site for RASLAG-6. which is planned to connect to the NGCP 69 kV Transmission line which passes through the area and those adjacent to it. An additional operating solar plant is expected to increase RASLAG CORP.’s income in the near future.
Other Relevant Information
TBA

If the transaction being reported is an acquisition, kindly submit the following additional information:

Source(s) of funds
TBA
If any asset so acquired by the issuer or its subsidiaries constituted plant, equipment or other physical property, state the nature of the business in which the assets were used by the persons from whom acquired and whether the issuer intends to continue such use or intends to devote the assets to other purposes, indicating such other purposes
TBA