OVERSEAS REGULATORY ANNOUNCEMENT
Please refer to the attached disclosure filed by Metro Pacific Investments Corporation ("MPIC") with the Philippine Stock Exchange, in relation to the SEC Form 17-C relating to Notice of Award received by Metro Pacific Tollways Development Corporation for Cebu Cordova Bridge Project.
Dated this the 13th day of January, 2016
As at the date of this announcement, the board of directors of First Pacific Company Limited comprises the following directors:
Executive Directors:
Manuel V. Pangilinan, Managing Director and CEO
Edward A. Tortorici Robert C. Nicholson
Non-executive Directors: Anthoni Salim, Chairman Benny S. Santoso
Tedy Djuhar
Napoleon L. Nazareno
Independent Non-executive Directors: Prof. Edward K.Y. Chen, GBS, CBE, JP Margaret Leung Ko May Yee, SBS, JP Philip Fan Yan Hok
Madeleine Lee Suh Shin
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C00029-2016
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
Date of Report (Date of earliest event reported)
Jan 4, 2016
SEC Identification Number
CS200604494
BIR Tax Identification No.
244-520-457-000
Exact name of issuer as specified in its charter
METRO PACIFIC INVESTMENTS CORPORATION
Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
Industry Classification Code(SEC Use Only)
Address of principal office
10th Floor, MGO BUILDING, LEGAZPI COR. DELA ROSA STREETS, LEGAZPI VILLAGE, MAKATI CITY, METRO MANILA, PHILIPPINES
Postal Code
0721
Issuer's telephone number, including area code
(632) 888-0888
Former name or former address, if changed since last report
NA
Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Titleof Each Class Number of Shares of Common Stock Outstanding and Amount of Debt
Outstanding
Common Shares of Stock
Indicate the item numbers reported herein
9
27,885,373,752
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.
M E TR O PACIFIC----INVESTMENTS
Metro Pacific Investments Corporation MPIPSE 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
1
Subject of the Disclosure
Notice of Award for Cebu Cordova Bridge Project
. Background/Description of the Disclosure
Please be informed that Metro Pacific Tollways Development Corporation ("Company"), a subsidiary of Metro Pacific Investments Corporation, has received the Notices of Award from both the City of Cebu and the Municipality of Cordova for the financing, design, construction, implementation, operation and
maintenance of an 8.25 km tollroad to be known as the Cebu-Cordova Bridge (the "Project"), subject to
compliance with conditions precedent.
The Notices of Award were issued by the City of Cebu and the Municipality of Cordova in favour of the Company after not having received any Expression of Interest to submit comparative proposals on or
. before December 7, 2015, the deadline indicated in the duly published Invitation to Bid and Submit
Comparative Proposals for the Project.
The Project, which will be implemented through an unincorporated joint venture among the Company, the City of Cebu and Municipality of Cordova, is envisioned to decongest the traffic in the two existing bridges (Marcelo Fernan Bridge and Mandaue Bridge) between Mactan and Cebu, due to the worsening traffic condition in the area. It includes the construction of the connections to Cebu City and Cordova, the main
i bridge structure, viaduct, causeway, roadway and toll facilities. It is located around 7.5 kilometers south of
I the Mandaue Bridge and will take off from the Cebu South Coastal Road crossing the Mactan channel to
! Mactan Island. The Project is estimated to cost not more than Php27.9 billion, which includes the
i construction cost with inflation over a four-year period, the toll facilities and operating system, the right-of
! way cost, and financing costs. Funding will be sourced from a combination of loans from local banks and I equity contribution. The construction of the project is targeted to start sometime in 2017 and is estimated to be completed by 2020.
Other Relevant Information
NA
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i
Filed on behalf by:
I Name
I
! Designation
Melody del Rosario Vice President
First Pacific Company Limited issued this content on 13 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 10:00:24 UTC
Original Document: http://www.firstpacific.com/media/normal/19540_LTN20160113594.pdf