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)

Sep 16, 2024

2. SEC Identification Number

170957

3. BIR Tax Identification No.

000-533-224

4. Exact name of issuer as specified in its charter

FILINVEST LAND, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 79 EDSA, Highway Hills, Mandaluyong City, Metro Manila Postal Code 1550

8. Issuer's telephone number, including area code

(632) 7918-8188

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	24,249,759,506
Preferred	8,000,000,000

11. Indicate the item numbers reported herein

9

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.

Filinvest Land, Inc.FLI

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Approval by Filinvest Land, Inc.’s (“FLI”) Executive Committee of the Acquisition of 100% of the outstanding shares owned by Filinvest Hospitality Corporation in FORA Services, Inc. (“FOSI”)
Background/Description of the Disclosure
On 16 September 2024, the Executive Committee of FLI, in the exercise of its delegated authority, approved the acquisition of 100% of the outstanding shares in FOSI in the name of Filinvest Hospitality Corporation (“FHC”), for an aggregate purchase price of Three Hundred Ninety Nine Thousand Eight Hundred Pesos (Php399,800.00).

Date of Approval by Board of Directors	Sep 16, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The acquisition of FOSI would involve the addition of the first-ever SEC-registered condotel business model into the diverse portfolio of FLI. With this, FLI can capitalize on the novelty and potential of the condotel business and position itself for long-term growth. The acquisition also creates synergies by leveraging on the experiences and resources of both FLI and FOSI. FLI can leverage on its expertise on real estate development and management to enhance the quality and efficiency of FOSI's condotel operations which can ultimately lead to cost savings and improved profitability.

Details of the acquisition or disposition

Date	TBA

Manner
Direct Purchase
Description of the company to be acquired or sold
Fora Services, Inc. was incorporated on August 24, 2018, as a domestic corporation primarily engaged in the business of operating and managing real estate projects and rendering hospitality- related services, particularly, the Quest Hotel Tagaytay Project (“Condotel Project”). located in Fora Rotunda Tagaytay. FOSI is a registered issuer of 164 Certificates of Participation in the Project, which allows its holders to receive a payment of distributable participation interest annually and room use privilege.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	3,998 common shares
Percentage to the total outstanding shares of the company subject of the transaction	99.99
Price per share	Php100.00

Nature and amount of consideration given or received
Total consideration for the purchase of the Shares is Php399,800.00
Principle followed in determining the amount of consideration
The valuation, as agreed upon is the par value of the shares, as income to be earned by the Company are subject to distribution to holders of certificates of participation of its Condotel Project.
Terms of payment
Full cash payment upon signing of the Deed of Assignment of Shares.
Conditions precedent to closing of the transaction, if any
None other than corporate approvals, and regulatory approvals, if applicable.
Any other salient terms
None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Filinvest Hospitality Corporation	FHC is a subsidiary of Filinvest Development Corporation, which is the parent company of FLI

Effect(s) on the business, financial condition and operations of the Issuer, if any
No material effect.
Other Relevant Information
This is being amended to clearly reflect the intended transaction which is the purchase of 100% of the outstanding capital stock owned by Filinvest Hospitality Corporation, in Fora Services, Inc., representing 3,998 shares.