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 18, 2023

2. SEC Identification Number

147669

3. BIR Tax Identification No.

000-432-378

4. Exact name of issuer as specified in its charter

Cosco Capital, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

09178612459

9. Former name or former address, if changed since last report

None

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	7,166,070,764

11. Indicate the item numbers reported herein

Other Matters

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.

Cosco Capital, Inc.COSCO

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 60% of Outstanding Shares of Catuiran Hydropower Corporation.
Background/Description of the Disclosure
Acquisition of 60% of Outstanding Shares of Catuiran Hydropower Corporation.

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
The transaction will provide an opportunity for Cosco Capital, Inc. to engage in another profitable line of business while contributing to the country's economic development, which aligns with the government's thrust toward creating more sustainable energy sources.

Details of the acquisition or disposition

Date	TBA

Manner
This will be announced in due course.
Description of the company to be acquired or sold
Catuiran Hydro Power Corporation was incorporated and registered with the Securities and Exchange Commission on April 20, 2012, and is primarily engaged in the business of building, constructing, operating and maintaining power plant. Catuiran has developed and is operating an Eight Megawatts (8MW) Hydropower plant located in the Municipality of Naujan, Oriental Mindoro; which started actual operations in 2019. This project is covered by the Department of Energy (DOE) under a Renewable Energy Service Contract.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	360,000,003
Percentage to the total outstanding shares of the company subject of the transaction	60
Price per share	To be announced in due course.

Nature and amount of consideration given or received
Cash and/or Shares of Stocks.
Principle followed in determining the amount of consideration
The amount of consideration determined on the basis of PE multiples of projected net income.
Terms of payment
This will be announced in due course.
Conditions precedent to closing of the transaction, if any
Subject to the approval of the Philippine Competition Commission, if applicable.
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
Union Energy Corporation	Mr. Lucio Co and Mrs. Susan Co (Cosco Capital Stockholders and Directors) beneficially own majority of the stocks of Union Energy Corporation.

Effect(s) on the business, financial condition and operations of the Issuer, if any
The transaction will bring an additional profitable business operating segment to the Cosco Group.
Other Relevant Information
The intended consideration for this transaction is below 10% of the Company's total book value as of September 30, 2023.