C08533-2020

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 10, 2020
2. SEC Identification Number
31050
3. BIR Tax Identification No.
000-152-291-000
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) 8681-7332
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 8,196,450,000
11. Indicate the item numbers reported herein
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.

Sta. Lucia Land, Inc.SLI

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Special Meeting of the Board of Directors held on 10 December 2020
Background/Description of the Disclosure

Results of the Special Meeting of the Board of Directors held on 10 December 2020
Other Relevant Information

At the Special Meeting of the Board of Directors of the Corporation held on 10 December 2020 at its principal office, at which meeting a quorum was present and acting throughout, the following were discussed and approved:

A. Resolution approving the Minutes of the Organizational Meeting of the Board of Directors held on 20 August 2020;

B. Resolutions authorizing the Corporation to acquire the following:

1. A parcel of land located in Bulacan with an area of 13,567 sq.m.;
2. Parcels of land located in Batangas with a total area of 76,160 sq.m;
3. A parcel of land located in San Pablo City with an area of 9,594 sq.m.; and
4. A parcel of land located in Laguna with an area of 26,971 sq.m.

C. Resolutions authorizing the Corporation to acquire a parcel of land located in Rizal with an area of 168,379 sq.m. from Sta. Lucia Realty & Development, Inc., the terms of which were duly reported to, and approved by, the Related Party Transactions Committee pursuant to the Corporation’s Material Related Party Transactions Policy;

D. Resolutions authorizing the Corporation to enter into joint ventures with Sta. Lucia Realty & Development, Inc., the terms of which were duly reported to, and approved by, the Related Party Transactions Committee pursuant to the Corporation’s Material Related Party Transactions Policy, involving the following:

1. Development of a project located in Rizal with an area of 5,745 sq. m.;
2. Development of a project located in Pampanga with an area of 180,719 sq. m.; and
3. Development of a project located in Pangasinan with an area of 67,620 sq. m.

E. Resolutions amending the authority granted during the Organizational Meeting of the Board of Directors dated 20 August 2020, as disclosed in item (D) of the Current Report dated 20 August 2020, to approve the issuance of up to Eight Billion Pesos (PhP8,000,000,000.00) worth of unsecured fixed rate retail bonds in two or more tranches with the first tranche offering of up to One Billion Pesos (PhP1,000,000,000.00) with an Oversubscription Option of up to One Billion Pesos (PhP1,000,000,000.00), subject to the approval by the Securities and Exchange Commission (“SEC”) and the Philippine Dealing and Exchange Corporation (“PDEx”), with China Bank Capital Corporation as its lead underwriter, issue manager and bookrunner under such terms and conditions as the Corporation’s Management may deem to be fair and reasonable and in the best interest of the Corporation;

F. Resolutions approving the disclosure in the Registration Statement of the Corporation for the registration of up to Eight Billion Pesos (PhP8,000,000,000.00) worth of unsecured fixed rate retail bonds (‘Bonds’) which will be offered in two or more tranches, with the first tranche offering of up to One Billion Pesos (PhP1,000,000,000.00) worth of Bonds with an Oversubscription Option of up to One Billion Pesos (PhP1,000,000,000.00);

G. Resolutions approving the availment of up to Five Hundred Million Pesos (P500,000,000.00) worth of loans and credit facilities from Philippine Commercial Capital Inc. – Trust and Investment Group;

H. Resolutions designating the official and alternate e-mail addresses and cellphone numbers of the Corporation in compliance with SEC Memorandum Circular No. 28, series of 2020.
Filed on behalf by:
Name Jennifer Marie Castro
Designation Acting Corporate Secretary