C08022-2023

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)
Nov 10, 2023
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 8,296,450,000
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 of the Corporation held on 10 November 2023
Background/Description of the Disclosure

Results of the Special Meeting of the Board of Directors of the Corporation held on 10 November 2023
Other Relevant Information

At the Special Meeting of the Board of Directors of the Corporation held on 10 November 2023 at Penthouse Building III, Sta. Lucia Mall, Marcos Highway corner Imelda Avenue, Cainta, Rizal, 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 14 September 2023;

B. Resolutions authorizing the Corporation to acquire the following:

1. Parcel of land located in Laguna with an area of 4,892 sq.m.; and
2. Parcel of land located in Batangas with an area of 10,368 sq.m.

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

1. Development of a project located in Rizal with an area of 149,902 sq.m.;
2. Development of a project located in South Cotabato with an area of 20,000 sq.m.;
3. Development of a project located in Batangas with an area of 654,998 sq.m.
4. Development of a project located in Pangasinan with an area of 97,657 sq.m.;
5. Development of a project located in Cavite with an area of 62,220 sq.m.;
6. Development of a project located in Davao with an area of 274,498 sq.m.; and
7. Development of a project located in Iloilo City with an area of 893,443 sq.m.

D. Resolutions authorizing the Corporation to assume the development of Greenmeadows Iloilo Phase II from Sta. Lucia Realty and Development Inc., to the Corporation and for the Corporation to enter into an Amended Joint Venture Agreement with the AFP Retirement and Separation Benefits System;

E. Resolutions authorizing the Corporation to open depositary accounts with the Bank of the Philippines Islands, BPI Family Savings Bank, and/or BPI Direct Savings Bank, Inc (collectively, “BPI”);

F. Resolutions authorizing the Corporation to Open Escrow or Trust Accounts with BDO Unibank, Inc. - Trust & Investments Group;

G. Resolutions authorizing the Corporation to obtain an unsecured short term loan facility of up to Seven Hundred Fifty Million Pesos (PhP750,000,000.00) from Robinsons Bank Corporation;

H. Resolutions authorizing the Corporation to obtain a new unsecured Medium Term Loan of up to Two Billion Pesos (PhP2,000,000,000.00), Revolving Promissory Note Line of up to Seven Hundred Fifty Million Pesos (PhP750,000,000.00), Domestic Bills Purchase Line of up to Fifty Million Pesos (PhP50,000,000.00), Corporate Guaranty Line of up to Twenty Million Pesos (PhP20,000,000.00), and Fleet Line Facility of up to Ten Million Pesos (PhP10,000,000.00) for an aggregate principal amount of up to Two Billion Eight Hundred Thirty Million Pesos (PhP2,830,000,000.00) from BPI;

I. Resolutions authorizing the Corporation to obtain an unsecured long term loan facility of up to Five Billion Pesos (PhP5,000,000,000.00) from China Banking Corporation;

J. Resolutions: (a) authorizing the Corporation to distribute its unrestricted retained earnings in the aggregate amount of Three Hundred Thirty One Million and Eight Hundred Fifty Eight Thousand Philippine Pesos (PhP331,858,000.00) in the form of cash dividends to its stockholders of record as of 07 December 2023, 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 22 December 2023; and

K. Change of Data Protection Officer from Mr. Ace Franziz D. Cuntapay to Ms. Hanani B. Palmon and Appointment of Ms. Hanani B. Palmon as VP – Controller.
Filed on behalf by:
Name Patricia Bunye
Designation Corporate Secretary