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)

Jul 3, 2024

2. SEC Identification Number

147669

3. BIR Tax Identification No.

000-432-378

4. Exact name of issuer as specified in its charter

Cosco Capital, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

09178612459

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

None

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	7,081,940,664

11. Indicate the item numbers reported herein

Other Matters

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.

Cosco Capital, Inc.COSCO

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of 100% Outstanding Shares of Matuno River Development Corporation
Background/Description of the Disclosure
Cosco Capital, Inc. ("Cosco") intends to acquire 100% outstanding shares of Matuno River Development Corporation at a price below 10% of Cosco's total book value as of 31 March 2024.

Date of Approval by Board of Directors	Jul 3, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The intended transaction offers Cosco Capital, Inc. the opportunity to enter into another profitable business within the renewable energy sector. This strategic move will enhance its sustainability profile, demonstrate a commitment to environmental responsibility, while contributing to the country's overall economic development.

Details of the acquisition or disposition

Date	TBA

Manner
To be announced in due course
Description of the company to be acquired or sold
Matuno River Development Corporation ("MRDC") is a domestic corporation incorporated and registered with the Securities and Exchange Commission on 01 September 2014. MRDC is the developer of the Matuno River Hydroelectric Power Plant, a 8.66MW run-of-river hydroelectric power plant located in Bambang, Nueva Vizcaya, and is covered by a Hyrdo Power Service Contract with the Department of Energy. This power station draws energy from the Matuno River, a tributary of the Magat Dam.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	9,176,317
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	To be announced in due course

Nature and amount of consideration given or received
The consideration of the acquisition of shares is intended to be paid through issuance of checks.
Principle followed in determining the amount of consideration
The amount of consideration is determined on the basis of the book value of Matuno River Development Corporation as of 30 June 2024.
Terms of payment
To be announced in due course
Conditions precedent to closing of the transaction, if any
The proposed acquisition will be submitted to the approval of the Philippine Competition Commission, if applicable
Any other salient terms
None

Identity of the person(s) from whom the shares 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
Magis Energy Holdings Corporation	No material relationship with Cosco Capital, Inc.
Ruben Diego Q. Picardo	No material relationship with Cosco Capital, Inc.

Effect(s) on the business, financial condition and operations of the Issuer, if any
This proposed acquisition will be an addition to the emerging renewable energy portfolio of Cosco Capital, Inc., as well as to its entire operating segment, generating more income for the company
Other Relevant Information
The intended consideration/purchase price for this transaction is below 10% of the Company's total book value as of 31 March 2024