C05729-2023

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)
Jul 26, 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

Results of the Meeting of the Board of Directors and Transactions dated 26 July 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, 26 July 2023, (a) approved the execution of the following agreements:

i. Third Supplement to the Subscription Agreement dated 28 October 2019 with Fortune Noble Limited (“Fortune Noble”), Westside City Resorts World Inc., and Travellers International Hotel Group, Inc.,
ii. Supplement to the Deed Poll dated 30 December 2020 with Fortune Noble,
iii. Conditional Supplement to the Deed Poll dated 30 December 2020 with Summit Ascent Investments Limited (“Summit Ascent”),
iv. Conditional Supplement to the Deed Poll dated 10 June 2022 with Summit Ascent,
v. Subscription Agreement dated 26 July 2023 with Summit Ascent (the “2023 Subscription Agreement”), and the
vi. Conditional Loan Agreement dated 26 July 2023 with Summit Ascent.

and (b) the appointment of Mr. Lo Kai Bong as authorized signatory of the Company for the purpose.

On even date, the (i) Subscription Agreement dated 26 July 2023 and (ii) Conditional Loan Agreement dated 26 July 2023, both with Summit Ascent, were executed.

Please see attached for further details on the Background/Descriptions of the Disclosure.
Other Relevant Information

Please see attached SEC Form 17-C.

The above transactions are not expected to have any adverse effect on the business, operations, and financial condition of the Company as they are expected to redound to the benefit of the Company. The proceeds thereof are intended to (i) fund project costs and the construction of the Main Casino Project, (ii) defray existing loans, and (iii) be used for purposes of complying with the Company’s obligations under the Amended Omnibus Loan and Security Agreement.
Filed on behalf by:
Name Nelileen Baxa
Designation Corporate Secretary