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)

Feb 7, 2023

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Penthouse, Platinum Tower, Asean Ave. cor. Fuentes St., Aseana, Parañaque City Postal Code 1701

8. Issuer's telephone number, including area code

(02) 8519 7888

9. Former name or former address, if changed since last report

7/F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City

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	5,189,785,829

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.

Global Ferronickel Holdings, Inc.FNI

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
Acquisition of 24% shareholding in Mariveles Harbor Corporation
Background/Description of the Disclosure
In its meeting held February 7, 2023, the Board of Directors authorized the Corporation to acquire an additional 24% shareholding in Mariveles Harbor Corporation (MHC). The transaction is expected to be completed on or before March 10, 2023. After the transaction, FNI will own 88% shareholding in MHC. This will give FNI more control on the operation of port. The 24% shareholdings of the Seasia Logistics Philippines, Inc. in MHC will be acquired by FNI at an indicative price of around Php 192 million, Other terms and conditions will be finalized and a Deed of Absolute Sale of Shares will be executed upon full payment of the purchase price on or before March 10, 2023. No regulatory approval is needed.
Other Relevant Information
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