C08806-2019

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)
Dec 16, 2019
2. SEC Identification Number
15393
3. BIR Tax Identification No.
000-463-069-000
4. Exact name of issuer as specified in its charter
HOUSE OF INVESTMENTS, INC.
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3F Grepalife Building 219 Sen. Gil Puyat Avenue, Makati City, Metro Manila Philippines Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8815 9636 to 38
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 776,465,281
PREFERRED 16,776,001
AMOUNT OF DEBT 26,226,241,371
11. Indicate the item numbers reported herein
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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.

House of Investments, Inc.HI

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

Reply to request for clarification and/or confirmation on a news article appearing in today's issue of The Philippine Inquire Biz Buzz Section.
Source Philippine Daily Inquirer Biz Buzz
Subject of News Report Yuchengco Holding Company
Date of Publication Dec 16, 2019
Clarification of News Report

The following appears in today's issue of the Philippine Daily Inquirer Biz Buzz Section:
“Of all the country’s original taipans, living or dead, the group founded by the late Alfonso Yuchengco is probably the only one that does not have a publicly listed holding company, one business house to hold all other businesses under one roof. Henry Sy Sr. had SM Investment Corp., John Gokongwei Jr. had JG Summit, George Ty had GT Capital Holdings and Andrew Gotianun Sr. had Filinvest Development Corp. This is what former banker Lorenzo Tan, now the president of House of Investments Inc. (HI) and also a concurrent vice chair at Pan Malayan Management and Investment Corp., the controlling shareholder of listed firms HI and Rizal Commercial Banking Corp. (RCBC), will be doing.

‘I was brought back to restructure the group,’ Tan told Biz Buzz in a recent interview. ‘My job is to create our own holding company.’

. . . .

But first, there must be some fund-raising at the holding company level. If he were to decide, Tan said it could be around $300$350 million, starting with a private placement. This could be similar to the route earlier taken by RCBC under Tan’s auspices, during which there was a follow-on offering and buy-in deals with strategic investors (CVC in 2011 and Cathay Life in 2014).

But will the new holding company be an existing listed firm (similar to how the Lucio Tan group transformed what was then Tanduay Holdings to be the group’s holding firm) or a new one? HI, to date, already holds some of the businesses: car dealership, construction, education and project and property management alongside portfolio investments in pharmaceuticals, energy, afterlife services and consumer finance.

That is a possibility but not a certainty. ‘The holding company can be HI, we can inject it to HI, but I don’t want to announce anything because there could be speculation. It can be HI but it can also be another entity,’ Tan said.”

Below is House of Investment's reply:
House of Investments, as a holding company, continually looks at possible investment opportunities. Expansion activities include finding new investments and creating strategies to build and strengthen the company. It is true that there have been discussions at the parent company level, Pan Malayan Management and Investment Corporation exploring the possibility of consolidating YGC officially under one roof. This is a discussion that has been going on for a number of years. At this point, there are no activities that would require any disclosure by the House of Investments Inc (HI).
Other Relevant Information

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Filed on behalf by:
Name Lalaine Monserate
Designation AVP - Legal & Compliance Officer