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
8,946,450,000
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 4-13 - 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
The Manila Times News Article
Source
The Manila Times (http://www.manilatimes.net/sta-lucia-looking-to-raise-p3b-more-after-bond-offering/236235/)
Subject of News Report
Sta. Lucia looking to raise P3B more after bond offering
Date of Publication
Dec 25, 2015
Clarification of News Report
We refer to your correspondence dated 28 December 2015 requiring Sta. Lucia Land, Inc. (the “Corporation”) to clarify and confirm a news article entitled “Sta. Lucia looking to raise P3B more after bond offering” published in the The Manila Times on 25 December 2015. Part of the said news article reads as follows:
““PROPERTY developer Sta. Lucia Land Inc. (SLI) is looking at raising P2 billion to P3 billion more for its land banking and capital spending program for 2016.
. . . .
But David dela Cruz, SLI chief finance officer and executive vice president, said the company still needs to raise up to P3 billion for its land banking initiatives.
‘We might do other fundraising in the future. It could be equity, could be quasi equity, and could be more debt. I’m going to close 2015 with probably about P160 billion in debt, and about P12 billion in equity. So there’s still room, either to get more debt or [sell] quasi equity,’ Dela Cruz said.
‘Probably we will need about P2 billion to P3 billion in the near-term. Likely, towards the end of 2016,’ the SLI CFO said.
. . . .”
The Corporation would like to clarify that, subject to the appropriate approvals and disclosures at the appropriate time, it is looking at raising P2 billion to P3 billion more for its land banking and capital spending program for 2016 to 2017. Also, the interest bearing debt of the Corporation for the year-end 2015 will be P5.5 billion, and not P160 billion.