C04296-2023

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)
May 30, 2023
2. SEC Identification Number
19073
3. BIR Tax Identification No.
000-288-698-000
4. Exact name of issuer as specified in its charter
First Philippine Holdings Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
6F Rockwell Business Center Tower 3 Ortigas Avenue Pasig City Postal Code 1604
8. Issuer's telephone number, including area code
02-8631-8024
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 469,322,017
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.

First Philippine Holdings CorporationFPH

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

clarification of news article
Source BusinessWorld (Online Edition)
Subject of News Report "Lopez firm allots bulk of capex to energy business"
Date of Publication May 30, 2023
Clarification of News Report

First Philippine Holdings Corporation (FPH) responds to your communication dated May 30, 2023, requesting the company to clarify a news article entitled “Lopez firm allots bulk of capex to energy business” posted in BusinessWorld (Online Edition) on May 30, 2023, which reported in part that:

“LOPEZ-LED First Philippine Holdings Corp. (FPH) is allocating P80 billion for capital expenditures (capex) this year, 75% of which is set aside for its energy arm, its finance chief said on Monday.

Emmanuel Antonio P. Singson, executive vice-president, treasurer, and chief finance officer of FPH, told reporters that about P60 billion of its capex will be for First Gen Corp.; P17 billion for its real estate business including Rockwell Land Corp. and First Philippine Industrial Park (FPIP); and the rest for its manufacturing units such as ThermaPrime Drilling Corp. and First Balfour, Inc.

Mr. Singson said FPH’s target spending will be funded through a combination of debt and internally generated funds.

Francis Giles B. Puno, president and chief operating officer of FPH, said the holding firm is vying for more segments of the North–South Commuter Railway via a joint venture with Hong Kong-based Leighton Asia.
FPH hereby confirms that the company is allocating the amount of PHP80B for capital expenditures for 2023. Of the said amount, PHP60B is for First Gen Corporation, PHP17B is for its real estate business, with the balance for its construction (not manufacturing) units such as ThermaPrime Drilling Corp. and First Balfour, Inc. The company further confirms that First Balfour, Inc. is participating in the bidding process for additional segments of the North-South Commuter Railway Project, through its joint venture with Leighton Asia.
We trust that we have clarified these matters to the satisfaction of the Exchange. Thank you.
Other Relevant Information

Please see attachec
Filed on behalf by:
Name Rachel Hernandez
Designation Vice President