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)

May 25, 2023

2. SEC Identification Number

10020

3. BIR Tax Identification No.

000-596-509

4. Exact name of issuer as specified in its charter

MJC INVESTMENTS CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Winford Hotel and Casino, MJC Drive, Sta. Cruz, Manila Postal Code 1014

8. Issuer's telephone number, including area code

(632) 8631-2892

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
Common	3,174,405,821

11. Indicate the item numbers reported herein

Item 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.

MJC Investments CorporationMJIC

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
Results of the Special Meeting of the Board of Directors of MJC Investments Corporation (the " Company") held on May 25, 2023
Background/Description of the Disclosure
At the Special Meeting of the Board of Directors of the Company held on May 25, 2023, the Board authorized and approved the conversion into equity of the PhP2,426,501,749.00 deposits for future subscription (“Deposits”) that the Company received from certain stockholders, i.e., (i) HK Strategic Investors and other stockholders, and (ii) Manila Jockey Club, Inc. (collectively, the “Participating Stockholders”) via Private Placement, and other matters relating thereto, including: (a) Issuance of approximately 2.2 billion shares, which is at least 10% of the resulting issued and outstanding shares, subject to the subscription price to be approved by the Board of Directors based on a discount to the 60-day volume weighted average price (VWAP) as of the date of the Company’s Annual Stockholders’ Meeting for year 2023 (the “2023 ASM”), or a premium over its 30-trading day VWAP per share as of the date of the 2023 ASM, and compliance with applicable rules and regulations of the PSE and SEC, including an increase in the Company’s Authorized Capital Stock as necessary; and (b) Subscription by the Participating Stockholders to the shares corresponding to their Deposits.
Other Relevant Information
Attached is SEC Form 17-C dated May 25, 2023.