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 21, 2025

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

ACEN CORPORATION

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

77306300

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 Shares	39,677,394,773
Series A Preferred Shares	8,341,500
Series B Preferred Shares	16,658,500

11. Indicate the item numbers reported herein

Item 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.

ACEN CORPORATIONACEN

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
Subscription by the Company to shares in ACEN Technical Services, Inc. (“ACEN TSI”)
Background/Description of the Disclosure
On 21 March 2025, the Company signed a Subscription Contract with ACEN TSI for the subscription by the Company to 7,500 common shares at par value of Php100.00 per common share and 67,500 redeemable preferred shares (“RPS”) at an issue price of Php1,100 per RPS, to be issued out of the unissued portion of the authorized capital stock of ACEN TSI.

Date of Approval by Board of Directors	Dec 15, 2023

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The subscription will allow provide additional funding to ACEN TSI, which was constituted as the ACEN Group's development and construction shared services company for Philippine Development.

Details of the acquisition or disposition

Date	Mar 21, 2025

Manner
Subscription to common shares and RPS
Description of the company to be acquired or sold
ACEN TSI was constituted as the ACEN Group's development and construction shared services company for Philippine Development.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	75,000
Percentage to the total outstanding shares of the company subject of the transaction	86.2
Price per share	See Other Information

Nature and amount of consideration given or received
Full payment of Subscription Price of Php75,000,000.00
Principle followed in determining the amount of consideration
Subscription at par value for common shares; Subscription with premium, as agreed by the parties, for RPS
Terms of payment
Cash
Conditions precedent to closing of the transaction, if any
None
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
ACEN Technical Services, Inc.	Subsidiary of the Company

Effect(s) on the business, financial condition and operations of the Issuer, if any
Investment to be used for the operations of ACEN TSI
Other Relevant Information
The 75,000 total shares to be acquired is made up of 7,500 common shares and 67,500 RPS. Price per share is as follows: Php100.00 per common share; Php1,100 per RPS