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)

Sep 28, 2023

2. SEC Identification Number

AS93005277

3. BIR Tax Identification No.

002-648-099-000

4. Exact name of issuer as specified in its charter

LBC EXPRESS HOLDINGS, INC. (formerly FEDERAL RESOURCES INVESTMENT GROUP INC.)

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LBC Hangar, General Aviation Center, Domestic Airport Road, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8856 8510

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 Shares	1,425,865,471

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.

LBC Express Holdings, Inc.LBC

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of shares on Blue Eagle and LBC Service Ltd.
Background/Description of the Disclosure
On 28 September 2023, the Company was notified of the approval by the concerned regulatory agency of the Republic of China of the acquisition of the Company of 100% equity in Blue Eagle and LBC Service Ltd. (“Taiwan Money”), a corporation organized under the laws of Republic of China.

Date of Approval by Board of Directors	N/A

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The acquisition is expected to benefit the Company by contributing to the global revenue stream of the Company.

Details of the acquisition or disposition

Date	Sep 26, 2023

Manner
The Company purchased the shares from the sole shareholder of Taiwan Money, subject to approval of the concerned regulator/s.
Description of the company to be acquired or sold
Blue Eagle and LBC Service Ltd. (“Taiwan Money”) is a corporation organized under the laws of Republic of China which is engaged in employment services.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	1
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	5000000

Nature and amount of consideration given or received
NTD (New Taiwan Dollar) 5,000,000
Principle followed in determining the amount of consideration
The consideration is based on fair market value.
Terms of payment
The full consideration is payable immediately upon signing of the Purchase Agreement.
Conditions precedent to closing of the transaction, if any
Payment of purchase price and approval of the concerned regulatory agency of the Republic of China.
Any other salient terms
None.

Identity of the person(s) from whom the shares 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
Mr. Ya-Mien Chou	No affiliation with the Issuer

Effect(s) on the business, financial condition and operations of the Issuer, if any
The acquisition is expected to benefit the Company by contributing to the global revenue stream of the Company. With respect to the payment of the purchase price in the Purchase Agreement, such payment will not materially impact the financial condition of the Issuer.
Other Relevant Information
None.