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)

Dec 15, 2023

2. SEC Identification Number

PREWAR 476

3. BIR Tax Identification No.

001-289-374

4. Exact name of issuer as specified in its charter

Berjaya Philippines Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

9th Floor Rufino Pacific Tower, 6784 Ayala Avenue cor. V.A. Rufino Street, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(632) 8811-0668

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	4,427,009,132

11. Indicate the item numbers reported herein

item 2 specifically the sale of a total of 15,000,000 ordinary shares of REDtone Digital Berhad

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.

Berjaya Philippines Inc.BCOR

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
Disposal of shares in REDtone Digital Berhad (“REDtone”)
Background/Description of the Disclosure
Disposal of a total of 15,000,000 REDtone shares through the Malaysian Stock Exchange on 14 December 2023

Date of Approval by Board of Directors	Dec 14, 2023

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
To realize part of its investment in REDtone

Details of the acquisition or disposition

Date	Dec 14, 2023

Manner
Transacted through the Malaysian Stock Exchange
Description of the company to be acquired or sold
REDtone is a subsidiary of Berjaya Corporation Berhad, listed on the Main Market of Bursa Malaysia Securities Berhad in May 2023. REDtone is a leading integrated telecommunications and digital infrastructure service provider, offering an extensive range of services under three main categories namely Telecommunications Services, Managed Telecommunications Network Services and Industry Digital Services.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	15,000,000
Percentage to the total outstanding shares of the company subject of the transaction	1.94
Price per share	RM 0.65 or Php 7.72 per REDtone share

Nature and amount of consideration given or received
RM9,750,000 equivalent to Php115,779,300 The assumed exchange rate is RM1 = Php 11.8748.
Principle followed in determining the amount of consideration
Prevailing market prices
Terms of payment
cash
Conditions precedent to closing of the transaction, if any
none
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
Open market	none

Effect(s) on the business, financial condition and operations of the Issuer, if any
none
Other Relevant Information
Prior to the disposal, the Issuer had 15,832,000 REDtone shares representing 2.05% equity interest in REDtone. Following the disposal, the Issuer now holds a total of 832,000 REDtone shares representing 0.11% equity interest in REDtone. The assumed exchange rate is RM1 = Php 11.8748