C02103-2023

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)
Mar 22, 2023
2. SEC Identification Number
CS20091269
3. BIR Tax Identification No.
007236853000
4. Exact name of issuer as specified in its charter
PH Resorts Group Holdings Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
20th Floor, Udenna Tower, Rizal Drive corner 4th Avenue, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
+63284034007
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 7,282,017,027
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.

PH Resorts Group Holdings, Inc.PHR

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of the news article under Biz Buzz column entitled “BIZ BUZZ: ‘The deal is off’” published in business.inquirer.net on March 22, 2023

Source business.inquirer.net
Subject of News Report BIZ BUZZ: "The deal is off"
Date of Publication Mar 22, 2023
Clarification of News Report

We write with respect to the news article under the Biz Buzz column entitled “BIZ BUZZ: ‘The deal is off’” posted online in business.inquirer.net on March 22, 2023. The article reported in part that:

“. . . .

Biz Buzz heard that the plan of billionaire Enrique Razon Jr. to invest in Uy’s casino projects—particularly the one in Cebu (along with another in Clark, Pampanga,)—will no longer happen.

Recall that the deal was announced in May of last year and was supposed to be a precondition for the sale of Uy’s Malampaya stake to Razon. The deal was supposed to be something like: ‘I sell this to you, but you have to help me with this other problem,’ we’re told.

Well, word on the street is that the transaction will no longer happen after Razon’s team got a closer look at what was being offered. Whoopsie. What now?

. . . .”

As of today, 22 March 2023, PH Resorts Group Holdings, Inc. (the "Company") wishes to clarify that it has not received any formal communication from the counterparty of the transaction, Bloomberry Resorts Corporation ("Bloomberry"), that the deal is not pushing through. Hence, the Company is still working towards a possible closing of the transaction provided all terms and conditions between the Company and Bloomberry are mutually agreed upon.

Other Relevant Information

None

Filed on behalf by:
Name Leandro Abarquez
Designation Corporate Secretary