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)

Jan 22, 2021

2. SEC Identification Number

CS-2009200917

3. BIR Tax Identification No.

007-213-353-000

4. Exact name of issuer as specified in its charter

ITALPINAS DEVELOPMENT CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

28c BPI Philamlife Building 6811 Ayala Avenue Makati City Postal Code 1226

8. Issuer's telephone number, including area code

632 8893-0328

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

-

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, P.50 par value	434,185,375

11. Indicate the item numbers reported herein

Item number: 9 Other Matters

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.

Italpinas Development CorporationIDC

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
IDC today held its annual stockholders meeting ("ASM").
Background/Description of the Disclosure
These are the results of the ASM.

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Shareholdings in the Listed Company		Nature of Indirect Ownership
	Direct	Indirect
Romolo V. Nati	108,499,803	0	N/A
Jose D. Leviste III	139,867,538	0	N/A
Shennan A. Sy	642	0	N/A
Dionisio Tejero	1,350	0	N/A
Elvira Ablaza	1,350	0	N/A
Rafael A. Dominguez	1,958	0	N/A
Jose G. Araullo	2	0	N/A
Christine P. Base	393,791	0	N/A
Monina Jane S. Nazal	1,000	0	N/A

External auditor	BDO Roxas, Cruz, Tagle & Co

List of other material resolutions, transactions and corporate actions approved by the stockholders
1. Minutes of the Regular Meeting of the Stockholders held on October 21, 2019; 2. Financial Statements as of December 31, 2019; 3. Ratification of acts of the Board of Directors and Officers since October 21, 2019 to present; 4. Amendment of the Articles of Incorporation for the increase in authorized capital stock of the Company to Philippine Pesos: Seven Hundred Million or One Billion Four Hundred Million shares; 5. Declaration of Stock Dividends amounting to PhP 97,691,710.00 or 195,383,419 shares and the delegation to management the determination of the terms of the dividend declaration, including the record and payment dates, and the treatment of fractional shares, if any; 6. Amendment of the By-laws of the Company to authorize attendance via remote means during shareholders and board meetings.
Other Relevant Information
please see attached