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 10, 2022

2. SEC Identification Number

26986

3. BIR Tax Identification No.

000-846-618-000

4. Exact name of issuer as specified in its charter

D.M. WENCESLAO & ASSOCIATES, INCORPORATED

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15th Floor, Aseana 3, D. Macapagal Blvd corner Asean Ave., Aseana City, Paranaque City Postal Code 1714

8. Issuer's telephone number, including area code

(632) 8854-5711

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

Not Applicable

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	3,395,864,100

11. Indicate the item numbers reported herein

Not applicable

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.

D.M. Wenceslao & Associates, IncorporatedDMW

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
D.M. Wenceslao & Associates, Inc. Completes a Land Sale in Aseana City
Background/Description of the Disclosure
Paranaque City, Philippines, January 10, 2022 – Towards the end of December 2021, D.M. Wenceslao & Associates, Inc. (DMW) completed a 1,790 sqm land sale in Aseana City. The 1,790sqm lot forms part of the land we allocated for future sales. Post-transaction, DMW will still have ~6,000 sqms of available land for sale. Note that the parcels of land allocated for future sales are non-core plots to DMW’s own development plan. Land sales are made to parties with planned developments that will contribute to the overall growth and community of Aseana City. The land sale further fortified our balance sheet, which as of the 3Q2021 (pre-land sale) was already at a net cash position of Php2.4 billion. “Closing this land sale validates the merits of our approach to develop Aseana holistically; we ensure quality locators that each accrue value to the whole estate rather than just increase sheer density. We manage Aseana City based on global standards, with emphasis on the CBD’s mixed-use masterplan, walkability, sustainability, and prime location,” said Mr. Delfin Angelo ‘Buds’ Wenceslao, Chief Executive Officer. “Such approach continued to attract locators, allowing asset prices in Aseana City to remain in a growth trajectory despite the COVID-19 pandemic,” Mr. Wenceslao highlighted.
Other Relevant Information
Please see attached Press Release. For questions, please contact [email protected].