C02357-2017

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)
Apr 21, 2017
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503
4. Exact name of issuer as specified in its charter
SBS Philippines Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 Resthaven Street, San Francisco Del Monte, Quezon City Postal Code 1105
8. Issuer's telephone number, including area code
(02) 371-1111
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 1,169,040,400
11. Indicate the item numbers reported herein
Item 9: Other events

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 7-1 - Notice of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Sections 7 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Notice of Postponement of the Annual Stockholders' Meeting
Background/Description of the Disclosure

Postponement of the May 17, 2017 Annual Shareholders' Meeting which is now re-scheduled to be held on June 9, 2017

Type of Meeting

Date of Approval by Board of Directors Apr 21, 2017
Date of Stockholders' Meeting Jun 9, 2017
Time 3 PM
Venue Quezon City Sports Club
Record Date May 17, 2017
Agenda

A G E N D A

1. Proof of Notice, Determination of Quorum

2. Rules of Conduct and Procedures

3. Approval of Minutes of the Stockholders’ Meeting held on 22 June 2016

4. Presentation of the 2016 Annual Report of Management to the Stockholders and Approval of the 2016 Audited Financial Statements

5. Ratification of all acts and resolutions of the Board of Directors and Management since the last meeting of the stockholders

6. Appointment of Independent Auditors

7. Election of Directors

8. As special business

(a) Approval of the Amendment of the Second Article of the Articles of Incorporation on its secondary purpose to diversify the business of the Company to include the holding, acquiring or participating in investments in property related assets as well as shares or interests in entities involved in property related businesses as and when the appropriate opportunities arise and for authority to undertake such investment of funds;

(b) Approval of the Amendment of the Seventh Article of the Articles of Incorporation of the Corporation to increase the authorized capital stock of the Corporation by up to Five Billion Five Hundred Fifty Two Million Five Hundred Thousand Pesos (PhP 5,552,500,000.00), Philippine currency, divided into Five Billion Five Hundred Fifty Two Million Five Hundred Thousand (5,552,500,000) common shares with par value of One Peso (PhP 1.00) per share or with an aggregate par value of up to PhP 5,552,500,000.00 from One Billion Five Hundred Fifty Million Pesos (PhP 1,550,000,000.00), Philippine currency, divided into One Billion Five Hundred Fifty Million (1,550,000,000) common shares with par value of One Peso (PhP 1.00) per share;

(c) Ratification of the investment of corporate funds & share subscriptions in the capital stock of affiliate property holding companies

(d) Ratification of the additional investment of funds & share subscription in subsidiary

(e) Approval of the conduct a Stock Rights Offering

(f) . Declaration of Stock Dividends

9. Consideration of Such Other Business as May Properly Come Before the Meeting

10. Adjournment
Inclusive Dates of Closing of Stock Transfer Books
Start Date May 17, 2017
End Date Jun 9, 2017
Other Relevant Information

This amends the previous announcement for the holding of the Annual Shareholders' Meeting (ASM) on May 17, 2017 which has now been postponed and re-scheduled for June 9, 2017 and the following changes in the Record Date, Book Closure Period and Amendments to the ASM Agenda:

(a) Change in the Record Date of Shareholders entitled to notice and to vote at the ASM from April 17, 2017 to May 17, 2017 and the Book Closure Period from April 17, 2017 to May 17, 2017 to the new Book Closure Period of May 17, 2017 to June 9, 2017;

(b) Change in the Agenda for the Annual Stockholders' Meeting to delete the agenda item on the approval of a Follow On Offering and to include the following new agenda items:

(i) Amendment of the Seventh Article of the Articles of Incorporation to increase the authorized capital stock of the Corporation by up to P5,552,500,000.00 from PhP1,550,000,000.00; and

(ii) Approval to conduct a Stock Rights Offering
Filed on behalf by:
Name Sabrina Adamelle Poon-Sytengco
Designation Corporate Information Officer and Investor Relation Officer