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)

Apr 13, 2018

2. SEC Identification Number

CS200319138

3. BIR Tax Identification No.

227-409-243-000

4. Exact name of issuer as specified in its charter

ALLIANCE SELECT FOODS INTERNATIONAL, INC.

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Suite 1206, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(632) 635-5241 to 44

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

n.a.

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	2,499,712,463

11. Indicate the item numbers reported herein

Item No. 9 - Other Events

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.

Alliance Select Foods International, Inc.FOOD

PSE Disclosure Form 4-12 - Change in Par Value References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Reduction of the par value of the Company's shares
Background/Description of the Disclosure
The Board approved to reduce the par value of common shares of the Company from One Peso (P1.00) per share to Fifty Centavos (P0.50) per share, and the resulting decrease of the Company’s Authorized Capital Stock a from Three Billion Pesos (P3,000,000,000.00) divided into Three Billion (3,000,000,000) common shares with par value of One Peso (P1.00) each to One Billion Five Hundred Million Pesos (P1,500,000,000.00) divided into Three Billion (3,000,000,000) common shares with par value of Fifty Centavos (P0.50) each.

Date of Approval by Board of Directors	Jul 20, 2017
Date of Approval by Stockholders	Sep 7, 2017
Date of Approval by Securities and Exchange Commission	Mar 23, 2018
Previous Par Value	Php1.00
New Par Value	P0.50

Rationale for the change in par value of the Issuer's shares

The Board approved the Company’s equity restructuring plan by reducing the par value of the shares of stock of the Company and by applying the resulting additional paid-in capital to eliminate its accumulated deficit. This will eliminate the Company’s accumulated deficit and allow the Company to declare dividends to shareholders from its unrestricted retained earnings that will be generated subsequent to the equity restructuring.

Effects on Capital Structure

Issued Shares

Type of Security /Stock Symbol	Before	After
FOOD	2,500,000,000	2,500,000,000

Outstanding Shares

Type of Security /Stock Symbol	Before	After
FOOD	2,499,712,463	2,499,712,463

Treasury Shares

Type of Security /Stock Symbol	Before	After
FOOD	287,537	287,537

Listed Shares

Type of Security /Stock Symbol	Before	After
FOOD	2,500,000,000	2,500,000,000

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent

Name	Stock Transfer Service, Inc.
Address	Unit 34-D Rufino Pacific Tower 6784 Ayala Avenue, Makati City, 1226
Contact Person	Michael Capoy

Inclusive dates when the old stock certificates can be replaced

Start Date	TBA
End Date	TBA

Documentary requirements

Individual Shareholders
-
Corporate Shareholders
-

Date of availability of new stock certificates	TBA

Procedures in case of lost stock certificates
TBA

Other Relevant Information

On March 28, 2018 FOOD disclosed its intention to provide the complete details on the Procedure for Updating Stock Certificates by April 13, 2018. The information was also disclosed on March 28, 2018 that Stock Transfer Service, Inc. recognized the change in par value in the stock and transfer book of FOOD last March 28, 2018. This disclosure was amended on April 13, 2018 to update the date to as when FOOD will provide the complete details on the Procedure for Updating Stock Certificates from April 13, 2018 to April 20, 2018.