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)

Jun 25, 2024

2. SEC Identification Number

CS200518779

3. BIR Tax Identification No.

242-246-380-000

4. Exact name of issuer as specified in its charter

IP E-GAME VENTURES INC.

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor Arthaland Century Pacific Tower, 5th Ave. cor. 30th St., Bonifacio Global City, Taguig City Postal Code 1635

8. Issuer's telephone number, including area code

(02)83593715

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	227,480,638,425

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.

IP E-Game Ventures, Inc.EG

PSE Disclosure Form 4-32 - Reply to Exchange's Query

Subject of the Disclosure
Additional Information on the investment in a REIT Corporation
Description of the Disclosure
Reply to the PSE's request for additional Information on the investment in a REIT Corporation.
Information Requested
1. Rationale for the transaction including the benefits which are expected to be accrued to the Company as a result of the transaction; ~ This transaction envisions to provide the Company with recurring revenues and profits. Upon realization, this will translate to an improved financial performance for the Company and aims to improve shareholder value. 2. Material effects/changes in the Company’s business activities as a result of the transaction; ~ The material effect to the Company's business activities as a result of the proposed activities is that it will expand the Company's activities into real estate related investments. These activities will also potentially increase the amount of convertible debt and equity investments of the Company in the foreseeable future. 3. Source of funds for the investment in the REIT Corporation; ~ EG will fund its investment into the REIT Company through a combination of equity and convertible debt and other instruments. 4. Amount to be invested in the said REIT Corporation; ~ Php300m, which is the minimum capitalization. 5. Estimate timeline of activities; ~ The incorporation of the REIT company will be completed around the end of the 3rd quarter of the current year. The Company will disclose after the incorporation the timeline for the subsequent activities such as raising of capital and acquisition of assets. 6. Percentage of ownership in the REIT Corporation; ~ 100% 7. Any conditions precedent to closing of the transaction; ~ The Company plans to enter in convertible debt instruments with investors that will finance the incorporation of the REIT. Corporate disclosure will be filed upon reaching the relevant agreement/s with investors. 8. Any other relevant information pertaining to the investment and the REIT Corporation. ~ None as of now, but will disclose upon receipt of any other relevant information about this transaction.