C01367-2025

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)
Mar 4, 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

On March 4, 2025, FOOD received the February 20, 2025 Decision of the Court of Appeals Thirteenth Division stating that the 1,382,765,864 FOOD shares acquired by Strongoak, Inc. under the 2014 Private Placement and 2015 Stock Rights Offering, are exempt from the requirement of tender offer. Accordingly, the Decision dated December 15, 2022 of the Securities and Exchange Commission En Banc in SEC En Banc Case No. 07-22-501, was reversed and set aside. Judgment was rendered dismissing for lack of merit, the Complaint filed by Hedy S.C. Yap Chua, et. al., before the SEC Markets Securities Regulation Division in SEC MSRD Case No. MSRD-SRD-2021-1.

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 Appellate Court’s Decision in FOOD’s favor, has no prejudicial impact on the business operations of FOOD.

Other Relevant Information

Please see attached SEC Form 17-C.

This Disclosure has been amended to indicate that the Court of Appeals Thirteenth Division promulgated a Decision dismissing the SEC-MSRD Complaint filed by Hedy S.C. Yap Chua, et. al.

Filed on behalf by:
Name Maria Resa Celiz
Designation Assistant Corporate Secretary and Chief Compliance Officer