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)

Nov 27, 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	1,247,999,999

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 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure
Changes in the shareholdings of Ms, Lali Y. Sytengco, Vice President for Purchasing of SBS Philippines Corporation
Background/Description of the Disclosure
Changes in the indirect interests of Ms. Lali Y. Sytengco as a result of share acquisition

Name of Person	MS. LALI Y. SYTENGCO
Position/Designation	VICE PRESIDENT FOR PURCHASING

For Equity Securities

Type of Security / Stock Symbol	Date of Transaction	Securities Acquired (A) or Disposed (D)			Ownership Form Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
		Number of Shares	(A) or (D)	Price per Share
SBS	Nov 24, 2017	2,300	A	5.59	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	5,000	A	5.60	I	Held of a member of officer's immediate family sharing the same household immediate family sharing the same household
SBS	Nov 24, 2017	5,000	A	5.62	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	5,000	A	5.64	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	4,200	A	5.66	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	6,300	A	5.67	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	10,000	A	5.75	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	4,300	A	5.80	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	9,300	A	5.85	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	1,500	A	5.89	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	26,700	A	5.90	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	20,000	A	5.94	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	1,400	A	5.98	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	27,600	A	6.00	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	7,000	A	6.01	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	25,000	A	6.05	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	25,000	A	6.09	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	5,000	A	6.10	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	9,300	A	6.15	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	19,700	A	6.18	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	181,400	A	6.20	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	100	A	6.23	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	14,800	A	6.25	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	35,000	A	6.29	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	56,100	A	6.30	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	538,900	A	6.31	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	65,000	A	6.32	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	148,000	A	6.33	I	Held of a member of officer's immediate family sharing the same household
SBS	Nov 24, 2017	22,000	A	6.34	I	Held of a member of officer's immediate family sharing the same household

Number of Shares Owned after the Transaction

Direct	2,256,982
Indirect	44,444,552