SECURITIES AND EXCHANGE COMMISSION
SEC 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)

May 11, 2023

2. SEC Identification Number

12397

3. BIR Tax Identification No.

000107026000

4. Exact name of issuer as specified in its charter

PHINMA Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1210

8. Issuer's telephone number, including area code

(632)8-8700100

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	286,325,265

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.

Phinma CorporationPHN

PSE Disclosure Form 4-1 - Acquisition or Disposition of Assets References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Purchase of real estate properties from PHINMA, Inc.
Background/Description of the Disclosure
The Board of Directors of PHINMA Corporation in its meeting held today, 11 May 2023, approved the purchase of various real estate properties from its parent company, PHINMA Inc. for the total amount of P 507.12 million.

Date of Approval by Board of Directors	May 11, 2023

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The properties consist of office floors in the group’s office building, PHINMA Plaza, which is used by the PHINMA group of companies.

Details of the acquisition or disposition

Date	TBA

Description of the Transaction
The transaction involves the purchase of various real estate properties owned by PHINMA, Inc. located at the PHINMA Plaza, Rockwell Centre, Makati City.
Manner
The transaction involves a direct sale of the real estate properties to PHINMA Corporation. The sale will close on a date that will be subsequently determined and will be fully settled in cash, to be payable upon the signing of the Deed of Absolute Sale.
Description of the assets involved
The transaction involves the purchase of various real estate properties owned by PHINMA, Inc. located at the PHINMA Plaza, Rockwell Centre, Makati City.

Terms and conditions of the transaction

Nature and amount of consideration given or received
The total amount of consideration for the acquisition is Php 507.12 million and will be paid in cash.
Principle followed in determining the amount of consideration
The amount of consideration was arrived at through a third party valuation.
Terms of payment
The amount shall be paid in full upon signing of the Deed of Absolute Sale.
Conditions precedent to closing of the transaction, if any
The transaction is subject to the approval of the Board of Directors of PHINMA, Inc.
Any other salient terms
None.

Identity of the person(s) from whom the assets were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
PHINMA, Inc.	Parent company owning 63.51%

Effect(s) on the business, financial condition and operations of the Issuer, if any
Purchase of the assets will provide additional office space to PHINMA Corporation.
Other Relevant Information
None.

If the transaction being reported is an acquisition, kindly submit the following additional information:

Source(s) of funds
Internally generated funds.
If any asset so acquired by the issuer or its subsidiaries constituted plant, equipment or other physical property, state the nature of the business in which the assets were used by the persons from whom acquired and whether the issuer intends to continue such use or intends to devote the assets to other purposes, indicating such other purposes
The office space will continue to be used by PHINMA Corporation and its subsidiaries.