C04927-2025

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 9, 2025
2. SEC Identification Number
40979
3. BIR Tax Identification No.
000-194-465
4. Exact name of issuer as specified in its charter
SEAFRONT RESOURCES CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F, JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600
8. Issuer's telephone number, including area code
(632) 86372917
9. Former name or former address, if changed since last report
--
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 163,000,000
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.

Seafront Resources CorporationSPM

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

Sale of Seafront Resources Corporation (SPM) entire 11.33% equity interest in Hermosa Ecozone Development Corporation (HEDC)

Background/Description of the Disclosure

SPM's divestment of all its shareholdings in HEDC

Date of Approval by
Board of Directors
May 8, 2025
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The sale will help SPM raise funds for future investments in growth. The proceeds will improve SPM's cash position and may be used for potential new investments in the energy sector.

Details of the acquisition or disposition
Date Jul 8, 2025
Manner

Disposition of shares through sale to existing shareholders

Description of the company to be acquired or sold

HEDC is a private company involved in the development of a special economic zone in Hermosa, Bataan.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 1,000,000
Percentage to the total outstanding shares of the company subject of the transaction 11.33
Price per share 325
Nature and amount of consideration given or received

Php325,000,000.00 in cash

Principle followed in determining the amount of consideration

Premium over net book value

Terms of payment

PhP300M cash upfront; PhP25MM through earnout from future dividends

Conditions precedent to closing of the transaction, if any

N/A

Any other salient terms

N/A

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
Science Park of the Philippines, Inc. co-shareholder
Regatta Holdings, Inc. affiliate of a co-shareholder
Asset Growth Inc. co-shareholder
Effect(s) on the business, financial condition and operations of the Issuer, if any

The divestment is not expected to have a material adverse effect on the overall business of SPM. SPM remains a holding company, and there will be no change in its business activities following the sale.

Other Relevant Information

N/A

Filed on behalf by:
Name Louie Mark Limcolioc
Designation Asst. Corporate Secretary