SECURITIES AND EXCHANGE COMMISSION
SEC 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) Feb 8, 20222. SEC Identification Number 1636713. BIR Tax Identification No. 000-804-342-0004. Exact name of issuer as specified in its charter AyalaLand Logistics Holdings Corp.5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 3rd Floor Glorietta 5, Ayala Center, Makati CityPostal Code12238. Issuer's telephone number, including area code (+63) 8884-11069. Former name or former address, if changed since last report N/A10. 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 6,301,591,987
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.

AyalaLand Logistics Holdings Corp.ALLHC PSE Disclosure Form 4-1 - Acquisition or Disposition of Assets References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Acquisition of ready-built facility and land located in Light Industry & Science Park III (LISP III) in Sto. Tomas, Batangas

Background/Description of the Disclosure

On 4 February 2022, Ecozone Power Management, Inc. (EPMI), a subsidiary of AyalaLand Logistics Holdings Corp. (ALLHC), entered into deeds of sale to acquire a warehouse facility located in LISPIII and the land on which it stands.

Date of Approval by
Board of Directors
Nov 9, 2021
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

This transaction increases ALLHC's overall warehouse portfolio from 224K gross leasable area (GLA) to 288K GLA and it further strengthens ALLHC's vision to be the leading real estate logistics and industrial estate developer in the country.

Details of the acquisition or disposition
Date Feb 4, 2022
Description of the Transaction

Acquisition of ready-built facility from Shen Long Property Management, Inc. and the land on which it stands from Aibis Land Management, Inc.

Manner

Execution of 2 separate deeds of sale for the acquisition of the ready-built facility and land

Description of the assets involved

Ready-built facility - 69,435- sqm facility and the attached equipment to the building; and
Land - 96,980-sqm where the facility stands

Terms and conditions of the transaction
Nature and amount of consideration given or received

Total Price: PhP1,237,229,960.91, VAT-inclusive
Ready-built Facility - PhP578,659,595.26
Land - PhP658,570,365.65

Principle followed in determining the amount of consideration

Amount of consideration was agreed value of the parties

Terms of payment

Ready-built facility: payable in 5 years
Land: payable in 5 years

Conditions precedent to closing of the transaction, if any

None

Any other salient terms

None

Identity of the person(s) from whom the assets 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
Shen Long Property Management, Inc. None
Aibis Land Management, Inc. None
Effect(s) on the business, financial condition and operations of the Issuer, if any

This transaction increases ALLHC's warehouse portfolio and further strengthens its vision to be the leading real estate logistics and industrial estate developer in the Philippines.

Other Relevant Information

None

If the transaction being reported is an acquisition, kindly submit the following additional information:
Source(s) of funds

Internally generated funds and balance to be settled by installment

If any asset so acquired by the issuer or its subsidiaries constituted plant, equipment or other physical property, state the nature of the business in which the assets were used by the persons from whom acquired and whether the issuer intends to continue such use or intends to devote the assets to other purposes, indicating such other purposes

ALLHC Group will assume the ownership of the existing operating facility and will continue to operate the facility under ALLHC's leasing brand as ALogis Sto. Tomas.

Filed on behalf by:
Name Francis Montojo
Designation Chief Finance Officer and Chief Risk Officer

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

AyalaLand Logistics Holdings Corporation published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 23:37:05 UTC.