PTFC Redevelopment Corporation announced at the Special Meeting of the Board of Directors of the Registrant held on 09 December 2021, the directors approved to distribute its unrestricted retained earnings in the aggregate amount of PHP 52,500,000.00 in the form of cash dividends to its stockholders of record as of 07 January 2022, in proportion to their respective shareholdings, or PHP 1.50 per share; and (b) setting the distribution of the said cash dividends not later than 03 February 2022.