C04437-2021

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)
Jun 25, 2021
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503-000
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
NO. 10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code -
8. Issuer's telephone number, including area code
(02) 8371-1111
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 1,549,999,999
11. Indicate the item numbers reported herein
-

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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

SBS Philippines Corporation Adds New Warehouse Facilities for its Food Ingredient Products

Background/Description of the Disclosure

SBS Philippines Corporation (the “SBS”) adds new warehouse facilities to ramp up its inventory in food ingredient products.

In the heels of the previously announced sale of shares in its subsidiary Lence Holdings Corporation where SBS netted up to PHP588,770,556.57 of gross revenue, the Company will reinvest a portion of the proceeds to develop additional warehouses to cater to its growing food ingredient raw material product line and increasing demand for Halal certified logistic and distribution facility. This development is also aligned with the direction of SBS to improve operational efficiency by constructing the new facilities in its head office located in Quezon City. The first warehouse will feature a multi-level racking system with a capacity of up to 1,800 pallet location. It is to be outfitted with semi-automated shuttle carts to improve the operational efficiency by capitalizing on technology.

Other Relevant Information

please see attached.

Filed on behalf by:
Name CHRISTINE BASE
Designation CORPORATE SECRETARY