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 21, 2025

2. SEC Identification Number

CS200319138

3. BIR Tax Identification No.

227-409-243-000

4. Exact name of issuer as specified in its charter

ALLIANCE SELECT FOODS INTERNATIONAL, INC.

5. Province, country or other jurisdiction of incorporation

Pasig City, NCR, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Suite 3104 West Tower PSEC Exchange Rd., Ortigas Business District, Pasig City, Metro Manila, Philippines Postal Code 1605

8. Issuer's telephone number, including area code

(02) 8637-8800

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 Stock	2,499,712,463

11. Indicate the item numbers reported herein

Item No. 5

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.

Alliance Select Foods International, Inc.FOOD

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Legal Proceedings
Background/Description of the Disclosure
The 1,382,765,864 shares of Strongoak, Inc. (Strongoak) in ASFII are valid and subsisting. In the absence of any final judgment directing ASFII to void Strongoak’s subscriptions, Strongoak’s subscriptions will not be voided by ASFII’s Corporate Secretary. Thus, the shares of Strongoak remain in the computerized stock and transfer records held by the stock and transfer agent. Under the Compromise Agreement dated 17 January 2025, ASFII and Hedy Yap Chua, Harvest All Investment Limited, Victory Fund Limited and Bondeast Private Limited (Chua, et al.) agreed to cause the dismissal with prejudice of the lawsuits between them, and from prosecuting their claims and counterclaims and resulting appeals, including Hedy S.C. Yap-Chua, for herself and on behalf of Harvest All Investment Limited, Victory Fund Limited, And Bondeast Private Limited v. Alliance Select Foods International, Inc., (SEC MSRD Case No. MSRD-SRD-2021-1), where Chua, et al. questioned Strongoak’s private placement and purchase of additional shares during ASFII’s stock rights offering in 2015. Without admitting any liability, the Parties agreed to absolutely and irrevocably release, discharge, abandon, and waive any and all claims they have against each other and cause the filing of the appropriate motions and pleadings in the relevant court or agency within three (3) business days from the execution of their Compromise Agreement. The Compromise Agreement and the pleadings filed to cause the dismissal of the cases between the Parties have no prejudicial impact on the business operations of FOOD.

Name of the court or agency in which the proceedings are pending	Securities and Exchange Commission
Date Instituted	Nov 2, 2020
Docket Number	SEC En Banc Case No. 07-22-501 (SEC MSRD Case No. MSRD-SRD-2021-1)

Principal Parties
Hedy S. C. Yap Chua, Harvest All Investment Limited, Victory Fund Limited, and Bondeast Private Limited v. Alliance Select Foods International, Inc.
Nature and description of the legal proceedings
Complainants alleged that the private placement of shares made on May 5, 2014 and the Stock Rights Offer conducted by the Company in 2015 are null and void because it supposedly violated Section 19 of the Securities Regulation Code.
The effect(s) on the Issuer's business or operations, if any
The Compromise Agreement and the pleadings filed to cause the dismissal of the case between the Parties have no prejudicial impact on the business operations of FOOD.
Other Relevant Information
Please see attached SEC Form 17-C.