C07161-2021

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)
Oct 27, 2021
2. SEC Identification Number
AS095 006755
3. BIR Tax Identification No.
004-513-153_
4. Exact name of issuer as specified in its charter
TRANSPACIFIC BROADBAND GROUP INT’L. INC.
5. Province, country or other jurisdiction of incorporation
Pampanga, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Bldg. 1751, Chico Street, CSEZ, Pampanga Postal Code 1610
8. Issuer's telephone number, including area code
(632) - 7717-0523, 8404-0239
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 379,562,200
11. Indicate the item numbers reported herein
1

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.

Transpacific Broadband Group Int`l. Inc.TBGI

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Updates on disclosure dated October 25, 2021 between TBGI and ABS Global Ltd.

Background/Description of the Disclosure

Last October 25, 2021 the Board of Directors unanimously voted for the following resolutions:

“RESOLVED, that the Board of Directors authorizes TBGI to enter into an agreement with ABS Global Ltd., a leading international satellite operator, for the development and maintenance of multiple state-of-the-art earth stations in strategic areas nationwide specifically for Low-Earth Orbit Satellite (LEOSAT) connectivity;

RESOLVED, that the Board of Directors authorizes TBGI to engage in discussions with major Low-Earth Orbit Satellite (LEOSAT) operators including American aerospace company Starlink, a division of SpaceX, for the rollout of LEOSAT broadband technology in the Philippines by 2022.

RESOLVED, FURTHER, that Mr. Paul B. Saria, Chief Operating Officer, be authorized to sign any and all documents or papers necessary to execute the foregoing matters;

RESOLVED, FINALLY, that the foregoing resolution remain valid and subsisting, unless otherwise revoked or amended in writing by the Corporation.”

To date, October 27, 2021, the Corporation has executed a Managed Service Agreement (MSA) with ABS Global Ltd. for TBGI to provide collocation facilities and first level support for the development and maintenance of Low-Earth Orbit Satellite (LEOSAT) earth station in Clark, Pampanga for Starlink Holdings N.B.V. The MSA is for a three (3) year period and extendable for another (3) years.

Other Relevant Information

Forward Looking Statement
The subject disclosure contains statements about future events and expectations that may constitute “forward-looking statements.” Although the Managed Service Agreement executed by TBGI and ABS Global are specifically for LEOSAT earth stations of Starlink, the forward-looking statements are subject to known and unknown risk and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Known uncertainties affecting forward looking statements includes (1) change in political climate, (2) regulatory risk, (3) foreign exchange risk, and (4) project completion risk.

Filed on behalf by:
Name Paul Saria
Designation Vice President