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 16, 2023

2. SEC Identification Number

152897

3. BIR Tax Identification No.

201-128-653-000

4. Exact name of issuer as specified in its charter

Harbor Star Shipping Services, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2224 A Bonifacio St., cor. Pres. Sergio Osmeña Highway, Bangkal, Makati City Postal Code 1233

8. Issuer's telephone number, including area code

(+632) 8886-3703

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	894,586,870
Treasury	13,271,000

11. Indicate the item numbers reported herein

Item 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.

Harbor Star Shipping Services, Inc. TUGS

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
The Securities and Exchange Commission has approved the incorporation of Kaibuok Star Shipyard Inc.
Background/Description of the Disclosure
The Securities and Exchange Commission approved the incorporation of Kaibuok Star Shipyard Inc. ("KSSI") with an authorized capital stock of Fifty-Five Million Pesos (PHP55,000,000.00), divided into Fifty-Five Million (55,000,000) common shares with a par value of One Peso (PHP1.00) per share, which has been fully subscribed and paid-up. TUGS subscribed to 30% of the issued and outstanding capital stock of KSSI equivalent to PHP16.5-Million. The 70% equity amounting to Thirty-Eight Million Five Hundred Thousand Pesos (PHP38,500,000.00) was subscribed and paid up by Kaibuok Shipyard (M) Sdn. Bhd., a company organized and existing in Malaysia. The primary purpose of KSSI is to build, construct, fabricate, repair, own, manage, operate, maintain, buy, sell, or otherwise deal in and with ships, vessels, boats, and marine structures of every kind and nature, graving docks, drydocks, floating docks, various land, and other structures and other conveniences for building, repairing, or docking of ships and other vessels for building and repairing marine and other land structures.
Other Relevant Information
N/A