C05756-2023

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 27, 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 Transaction dated 27 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, 27 July 2023, (i) approved the proposed loan transaction amounting to Five Million United States Dollars (USD5,000,000.00) (the “Loan Agreement”) between the Company and LET Group Holdings Limited (“LET Group”), and (ii) the appointment of Mr. Chua Ming Huat or his duly authorized representative as the Company’s authorized signatory for the purpose.

On even date, the Loan Agreement was executed by the parties thereto. Under the Loan Agreement, the LET Group agreed to extend a loan to the Company in the amount of Five Million United States Dollars (USD5,000,000.00) payable within ten (10) years from execution date unless extended by the parties or shortened due to the happening of an event of default.

The above transaction is not expected to have any adverse effect on the business, operations, and financial condition of the Company as it is expected to redound to the benefit of the Company. The proceeds thereof are intended to fund project costs and the construction of the Main Hotel Casino.

Other Relevant Information

Please see attached SEC Form 17-C.

Filed on behalf by:
Name Nelileen Baxa
Designation Corporate Secretary