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)

Aug 18, 2017

2. SEC Identification Number

25160

3. BIR Tax Identification No.

000-189-138-000

4. Exact name of issuer as specified in its charter

MILLENNIUM GLOBAL HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2nd Floor Senses Spa Building, MIA Road corner Pildera St., Tambo, Paranaque City Postal Code 1701

8. Issuer's telephone number, including area code

(632) 551-2575

9. Former name or former address, if changed since last report

IPVG Corp., 34F RCBC Plaza Tower 2, 6819 Ayala Avenue 1200, Makati City

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 shares	2,500,000,000

11. Indicate the item numbers reported herein

Item 2

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.

Millennium Global Holdings, Inc.MG

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
MGHI to acquire 81% stake in Calata Corporation
Background/Description of the Disclosure
The Board of Directors of MGHI approved the acquisition of 81% of listed company Calata Corporation (“CAL”) by subscribing to 2.5 Billion shares from CAL’s increase in authorized capital stock.

Date of Approval by Board of Directors	Aug 17, 2017

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The transaction will enable MGHI to acquire a listed company with a vehicle for its subsidiary, Millennium Ocean Star Corporation “(MOSC”), to substantially enhance its seafood business. The transaction is also aimed to enhance value over shares held by existing shareholders of the companies involved.

Details of the acquisition or disposition

Date	TBA

Manner
Subscription to 2.5 Billion shares from CAL’s increase in authorized capital stock equivalent to 81% stake
Description of the company to be acquired or sold
Listed Company CAL

The terms and conditions of the transaction

Number of shares to be acquired or disposed	2.5
Percentage to the total outstanding shares of the company subject of the transaction	81%
Price per share	Par value of P1.00/share

Nature and amount of consideration given or received
Subscription to 2.5 Billion shares at par value of P1.00/share
Principle followed in determining the amount of consideration
Par value per share
Terms of payment
Cash
Conditions precedent to closing of the transaction, if any
TBA
Any other salient terms
None

Identity of the person(s) from whom the shares 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
Calata Corporation	None

Effect(s) on the business, financial condition and operations of the Issuer, if any
Post-acquisition, MGHI, using CAL, shall purchase the business of its subsidiary, MOSC, thereby enabling the acquired seafood business to: (a) use the listed entity in further enhancing its business and fortifying its place as one of the top seafood distributors in the local and international market; and (b) provide sufficient and underlying value over shares held by existing shareholders.
Other Relevant Information
The transaction shall be presented for shareholders’ approval during the respective annual stockholders’ meetings of the companies.