C04814-2023

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)
Jun 19, 2023
2. SEC Identification Number
CEO2536
3. BIR Tax Identification No.
003-828-269-V
4. Exact name of issuer as specified in its charter
ABOITIZ EQUITY VENTURES INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(02) 8886-2800
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 Stock P1 Par Value 5,630,225,457
Amount of Debt Outstanding (As of March 31, 2023) 372,946,436,000
11. Indicate the item numbers reported herein
Item 9: Other Events

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.

Aboitiz Equity Ventures, Inc.AEV

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 to the June 16, 2023 abs-cbn.com News Article.
Source abs-cbn.com News Article
Subject of News Report Consortium says NAIA needs urgent rehab; doubles unsolicited proposal to P210B
Date of Publication Jun 16, 2023
Clarification of News Report

Gentlemen:

This refers to your letter requesting Aboitiz Equity Ventures Inc. (AEV, or the “Company”) to confirm the veracity of the information contained in the abs-cbn.com news article dated June 16, 2023 entitled, “Consortium says NAIA needs urgent rehab; doubles unsolicited proposal to P210B,” the relevant portion of which is quoted hereunder:

“MANILA — The Ninoy Aquino International Airport needs an urgent upgrade to cater to rapidly rising travel demand, the Manila International Airport Consortium said Friday, after doubling its unsolicited proposal to P210 billion.

MIAC, composed of Aboitiz InfraCapital, AC Infrastructure Holdings Corporation, Asia's Emerging Dragon Corp, Alliance Global – Infracorp Development, Filinvest Development Corporation, JG Summit Infrastructure Holdings Corp and Global Infrastructure Partners, earlier submitted a P100 billion bid to rehabilitate the airport.

. . . .”

Aboitiz InfraCapital, Inc., through its parent, AEV, wishes to clarify that based on the unsolicited proposal (“USP”) submitted by the Manila International Airport Consortium (the “Consortium”) to the Department of Transportation (“DOTr”) last April 27, 2023, the projected capital investment to undertake the rehabilitation and development program of the Ninoy Aquino International Airport over the span of its proposed concession period is Php 211 billion. This amount excludes the proposed Php57 billion upfront concession payment to the government. Including the concession payment to the government, the total aggregate investment under the Consortium’s USP is Php267 billion. The initially communicated amount of Php 100 billion referred to the approximately USD 1 billion in initial capital investments over the first five years in addition to the USD1 billion in upfront concession payment to the government.

This clarification comes from Aboitiz InfraCapital, Inc. who is a member of the Consortium along with AC Infrastructure Holdings Corporation, Asia's Emerging Dragon Corporation, Alliance Global – Infracorp Development, Inc., Filinvest Development Corporation, JG Summit Infrastructure Holdings Corporation and Global Infrastructure Partners.

We trust that we have clarified the above-mentioned news article to your satisfaction.


Thank you.
Other Relevant Information

Please see attached.
Filed on behalf by:
Name Mailene de la Torre
Designation AVP-Governance and Compliance/Assistant Corporate Secretary