C05111-2015

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)
Sep 15, 2015
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
Xurpas Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cambridge Centre, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(632) 889-6467
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 shares 1,720,000,660
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.

Xurpas Inc.X

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Xurpas and Globe formalize strategic partnership in Yondu

Background/Description of the Disclosure

Xurpas Inc. ("Xurpas") and Globe Telecom, Inc. ("Globe") completed the closing conditions required for Xurpas to invest Php900 Million for a 51% equity stake in Yondu Inc., a wholly owned subsidiary of Globe. Yondu is a leading content developer and provider of mobile value-added services and information technology services.

The investment solidifies the Globe and Xurpas partnership in the mobile internet and digital space and will transform Yondu into a regional arm for digital content distribution and other technology-driven services. The strategic alliance of Globe and Xurpas in Yondu bolsters Globe’s track record of partnering with leading digital players to strengthen its position as the purveyor of the Filipino digital lifestyle. For 2014, Yondu reported stand- alone revenues and net income of Php854 Million and Php251 Million, respectively.

Other Relevant Information

None

Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer