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)

Feb 27, 2025

2. SEC Identification Number

CS200900917

3. BIR Tax Identification No.

007-213-353-000

4. Exact name of issuer as specified in its charter

ITALPINAS DEVELOPMENT CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Unit 28C BPI Philamlife Building, 6811 Ayala Ave., Makati Postal Code 1226

8. Issuer's telephone number, including area code

8893-0328

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 Shares (IDC)	724,004,114

11. Indicate the item numbers reported herein

Item 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.

Italpinas Development CorporationIDC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
IDC's wholly-owned subsidiaries, IDC Prime and IDC Homes, signs five Joint Venture Agreements
Background/Description of the Disclosure
The Board of Directors of Italpinas Development Corporation authorizes its subsidiaries, IDC Prime and IDC Homes, to enter into a Joint Venture Agreement with the following: 1. JVA between IDC Prime Inc. and Calvin Ryan and Harley Benson O. Coherco to develop a 3,200 sq.m property into a condotel building in Boracay, Aklan. The Project is a 5-storey condotel Development Located in Brgy. Balabag, Malay Aklan. The project will be subject to permitting and test results. 2. JVA between IDC Homes Inc. and Calvin Ryan and Harley Benson O. Coherco to develop a 150,032 sq.m. property into a subdivision project in Mexico, Pampanga. The project will be subject to permitting and test results. 3. JVA between IDC Homes Inc. and Calvin Ryan O. Coherco to develop a 2,000 sq.m. property into a 6-storey mixed-use condominium project in Bancao-Bancao, Puerto Princesa. The project will be subject to permitting and test results. 4. JVA between IDC Homes Inc. and Shin-Osaka Holdings Corporation to develop a 5,377 sq.m. property into a 2 tower 4-storey mixed-use condominium project in Tagburos, Puerto Princesa. The project will be subject to permitting and test results. 5. JVA between IDC Homes Inc. and Calvin Ryan O. Coherco to develop a 7,663 sq.m property into a 2 tower 4-storey condominium project in Tiniguiban, Puerto Princesa. The project will be subject to permitting and test results.
Other Relevant Information
N/A