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 21, 2018

2. SEC Identification Number

A200117708

3. BIR Tax Identification No.

219-934-330

4. Exact name of issuer as specified in its charter

Xurpas Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Cambridge Centre Building, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 889-6467

9. Former name or former address, if changed since last report

Not Applicable

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	1,870,940,210

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.

Xurpas Inc.X

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
Clarification of News Report

Source	Biz Buzz column of the Philippine Daily inquirer
Subject of News Report	Turnaround plan
Date of Publication	Nov 21, 2018

Clarification of News Report
This refers to your communication received today seeking clarification or confirmation of the news article entitled "Turnaround plan" published in the Biz Buzz section of the Philippine Daily Inquirer on November 21, 2018. The article reported in part that: “. . . . Xurpas is also looking to divest past investments that have not performed as expected or no longer fit into the company’s long term goals. This is still subject to ongoing review but the first go will likely be minority interests—such as in Einsights, MatchMe and Zowdow.” As disclosed in the Press Release and discussed during the Analyst Briefing, we confirm that we are exploring divesting our interest in some of the entities within the Xurpas Group the are not performing as well as expected or no longer aligned with our goals. However, we wish to clarify the we are currently evaluating all companies within the Xurpas Group. Einsights, MatchMe and Zowdow are only some of the entities which we are currently evaluating. Moreover, we wish to inform the public that we have not secured any approval as of date relating to divesting of interest in those companies.
Other Relevant Information
None.