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)

Oct 28, 2022

2. SEC Identification Number

CS201503014

3. BIR Tax Identification No.

008-961-476-000

4. Exact name of issuer as specified in its charter

FRUITAS HOLDINGS INC

5. Province, country or other jurisdiction of incorporation

QUEZON CITY, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

60 CORDILLERA ST. COR. E. RODRIGUEZ SR. AVE. QUEZON CITY Postal Code 1113

8. Issuer's telephone number, including area code

(02)884209447

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
FRUIT	2,133,680,000

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.

Fruitas Holdings, Inc.FRUIT

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
Material Information and transactions on the Board of Directors' Approval- October 28, 2022
Background/Description of the Disclosure
We hereby inform the SEC and PSE on the board approvals of the Board of Directors in its meeting on October 28, 2022 as follows: The Board of Directors of Fruitas Holdings, Inc. (“FRUIT”) resolved to increase the allocation of IPO proceeds to “Acquisition opportunities and introduction of new concepts” from Php135m to Php153.66m. The increase in allocation of IPO proceeds to “Acquisition opportunities and introduction of new concepts” was sourced from the following: (1) the additional net proceeds resulting from lower offer expenses compared to initial estimate; (2) unused portion of the proceeds previously allocated to acquisition of property; and (3) a portion of the proceeds initially allocated to commissary expansion. The updated allocation of IPO proceeds is attached in this disclosure. The Board of Directors of FRUIT and the Board of Directors of Soykingdom, Inc. ("SKI"), FRUIT’s wholly-owned subsidiary, also approved certain amendments to the Articles of Incorporation of SKI, including among others, the increase in authorized capital stock of SKI. The Board of Directors of both corporations further approved the subscription by FRUIT to 37,050,000 common shares of SKI at Php 1.70 per share. The Board of SKI likewise approved the incorporation of Ling Nam Inc. as SKI’s subsidiary. The subscription by FRUIT to SKI shares and incorporation of Ling Nam Inc. is in line with the Acquisition of the Ling Nam Restaurant Business.
Other Relevant Information
Attached is SEC Form 17C for your reference.