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 8, 2023

2. SEC Identification Number

10683

3. BIR Tax Identification No.

000-141-166-000

4. Exact name of issuer as specified in its charter

SUNTRUST RESORT HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

26th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City Postal Code 1634

8. Issuer's telephone number, including area code

(632) 8894-6300

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

SUNTRUST HOME DEVELOPERS, INC.

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	7,250,000,000

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.

Suntrust Resort Holdings, Inc.SUN

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
Result of the Meeting of the Board of Directors dated 8 June 2023.
Background/Description of the Disclosure
Please be informed that the Board of Directors of SUNTRUST RESORT HOLDINGS, INC. (formerly Suntrust Home Developers, Inc.) (the “Company”), at its meeting held today, 8 June 2023, approved the authority of the Company to negotiate and enter into a loan facility of up to PhP25,000,000,000.00 (the “Transaction”) with China Banking Corporation (the “Bank”) and for the purpose: i. Execute an Omnibus Loan and Security Agreement with the Bank and other relevant parties consisting of a Loan Facility Agreement, a Mortgage Agreement, a Security Agreement, a Suretyship Agreement, and a Project Accounts Agreement, among others, all under such other terms and conditions as may be in the best interests of the Company, and ii. Appoint the Company’s Chairman, Mr. Lo Kai Bong, and President, Mr. Chua Ming Huat, acting singly, as the Company’s authorized signatories for the Transaction.
Other Relevant Information
Please see attached SEC Form 17-C. The Transaction is not expected to have any adverse effect on the business, operations, and financial condition of the Company. The loan facility will redound to the benefit of the Company as the proceeds are intended to fund project costs and the construction of the Main Casino Project.