C00425-2022

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 26, 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 New Land Sale in Aseana City

Background/Description of the Disclosure

Paranaque City, Philippines, January 26, 2022 – In January 2022, D.M. Wenceslao & Associates, Inc. (DMW) completed another 1,790 sqm land sale in Aseana City. Note that this is a different land sale transaction from the one DMW completed in December 2021; however, the transaction particulars, including the size of the lot sold and the price are virtually identical.

After our two recent land sales, DMW will still have ~4,200sqms 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 of Aseana City.

“We continue to point to our approach of developing Aseana City holistically as the primary driver of the continued growth trajectory of asset prices in Aseana despite the COVID-19 pandemic. Our recent favorably priced land sales crystallize the value of our assets in Aseana City,” said Mr. Delfin Angelo ‘Buds’ Wenceslao, Chief Executive Officer. “These transactions also allowed us additional capital to recycle for the development of our commercial and residential pipeline,” Mr. Wenceslao highlighted.

Other Relevant Information

Consideration will be received at an agreed schedule and is below 10% of the Total Assets and Book Value of the Company as of September 30, 2021

Please see attached Press Release. For questions, please contact [email protected].

Filed on behalf by:
Name Mark Gorriceta
Designation Chief Information Officer