1. Date of Report (Date of earliest event reported)
Jan 30, 2017
2. SEC Identification Number
3. BIR Tax Identification No.
4. Exact name of issuer as specified in its charter
Sta. Lucia Land, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Penthouse, Building 3, Sta. Lucia Mall, Marcos Highway corner Imelda Avenue, Cainta, Rizal Postal Code 1900
8. Issuer's telephone number, including area code
(02) 681-7332
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 8,946,450,000
11. Indicate the item numbers reported herein

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 Inquirer news article entitled: Developer bets big in the Year of the Rooster

Source https://business.inquirer.net/223651/developer-bets-big-year-rooster
Subject of News Report Developer bets big in the Year of the rooster
Date of Publication Jan 28, 2017
Clarification of News Report

We refer to your correspondence dated 30 January 2017 requiring Sta. Lucia Land, Inc. (the “Corporation”) to clarify and confirm a news article entitled “Developer bets big in the Year of the rooster” published in the Inquirer on 28 January 2017. Parts of the said news article read as follows:

"This year, Sta. Lucia Land Inc. is eyeing to go big: the property developer plans to raise as much as P9 billion, the most aggressive it has been over past four decades. David M. Dela Cruz, executive vice president and chief financial officer of SLLI, disclosed that they are looking to raise up to P5 billion in debt to refinance some P3 billion worth of loans. Another P3 billion to P4 billion may be raised via a follow on offering this March.

At present, SLLI has already developed some 10,000 hectares of land, which included its 14 golf courses.

A third initiative was the creation of a subsidiary Sta. Lucia Homes, which will build the houses for those who will buy lots from SLLI. This is said to hold much potential as SLLI has sold hundreds of thousands of lots for over 40 years and not all the lots have houses built on them—even to this day.

“Increasing capitalization to more than $500 million is aggressive, but it’s also doable. For the past 40 years, this company has been churning out projects and yet we’ve never really raised money. It’s now that SLLI is being duly recognized (in the capital market),” Dela Cruz said."

The Corporation would like to clarify the following:

First paragraph: The follow-on offering may be any time from March to June 2017.
Second paragraph: The reference to “SLLI” should be changed to the Sta. Lucia Group (“the Group”).
Third paragraph: The references to “SLLI” should be changed to the Group.
Fourth paragraph: The reference to “this company” and to “SLLI” should be changed to the Group.

Other Relevant Information


Filed on behalf by:
Name Idesa Roxas
Designation Acting Corporate Secretary