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)

Apr 2, 2024

2. SEC Identification Number

184044

3. BIR Tax Identification No.

350-000-775-860

4. Exact name of issuer as specified in its charter

JG SUMMIT HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

43rd Floor, Robinsons Equitable Tower, ADB Avenue corner Poveda Street, Ortigas Center, Pasig City, Metro Manila Postal Code 1605

8. Issuer's telephone number, including area code

(632) 8633-7631 to 40

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	7,520,983,658

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.

JG Summit Holdings, Inc.JGS

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 News Reports

Source	manilastandard.net
Subject of News Report	Gokongwei’s JG Summit sets 2024 capex budget at P87.2b
Date of Publication	Apr 1, 2024

Clarification of News Report
We refer to your letter dated April 2, 2024 requesting JG Summit Holdings, Inc. to clarify and/or confirm a news article entitled “Gokongwei’s JG Summit sets 2024 capex budget at Php87.2B“ posted in manilastandard.net on April 2, 2024. The news article reported in part that: “JG Summit Holdings Inc., the listed holding company of the Gokongwei family, earmarked P87.2 billion for 2024 capital expenditures to finance the expansion of its core airline, property and food manufacturing businesses. This year’s capital expenditure program is down 11.5 percent from P98.6 billion the group spent in 2023. JG Summit said in an investor presentation the bulk of this year’s capital spending would go to its airline business Cebu Air Inc., which is spending P48.7 billion for additional aircraft acquisition. . . . . Its property unit Robinsons Land Corp. (RLC) also earmarked P22 billion in capital expenditures primarily to expand the commercial spaces of its malls and office as well as build more hotel rooms. . . . . Universal Robina Corp. (URC), the food manufacturing unit of JG Summit, will spend P12.7 billion for the construction and outfitting of various manufacturing plants, including the 31-hectare Malvar property. Meanwhile, the group’s petrochemical business will invest P2.7 billion to sustain operations and settle project contract payments this year. . . . .” JG Summit Holdings, Inc. confirms the information quoted above.
Other Relevant Information
Please see the attached SEC Form 17-C (Current Report) of JGS