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)

Sep 24, 2020

2. SEC Identification Number

134800

3. BIR Tax Identification No.

000590608000

4. Exact name of issuer as specified in its charter

Jolliville Holdings Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

4th Floor 20 Lansbergh Place, 170 Tomas Morato Avenue, Quezon City Postal Code 1103

8. Issuer's telephone number, including area code

(632) 83733038

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

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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 Stock, Php1.00 Par Value	281,500,000

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.

Jolliville Holdings CorporationJOH

PSE 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

Subject of the Disclosure
CESSATION OF GRANVILLE VENTURES, INC. AS A SUBSIDIARY OF JOH
Background/Description of the Disclosure
The Company wishes to inform the Exchange that the Board of Directors, at its meeting held today, 24 September 2020, resolved to waive JOH’s pre-emptive rights in relation to the proposed increase in capitalization of its subsidiary, Granville Ventures, Inc. (“GVI”). GVI will be applying for a PHP9 million increase in capitalization with the Securities and Exchange Commission (“SEC”). JOH shall not subscribe to additional shares of GVI and shall retain its current shareholdings of 499,995 shares at PHP1.00 par value. JOH shall own 18.18% of GVI upon the approval by the SEC of the latter’s application for the increase in authorized capital stock. Furthermore, GVI’s financials shall no longer be included in JOH’s consolidated financial statements.
Other Relevant Information
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