C06947-2025

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)
Sep 24, 2025
2. SEC Identification Number
42543
3. BIR Tax Identification No.
000-196-724
4. Exact name of issuer as specified in its charter
ASIABEST GROUP INTERNATIONAL INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8F Chatham House, 116 Valero St. Salcedo VIllage Makati City Postal Code -
8. Issuer's telephone number, including area code
(632) 88443871
9. Former name or former address, if changed since last report
-
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, P1.00 par value 300,000,000
11. Indicate the item numbers reported herein
No. 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.

Asiabest Group International Inc.ABG

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendment of the Third and Seventh Article of the Articles of Incorporation of Asiabest Group International, Inc. (ABG)

Background/Description of the Disclosure

The disclosure is made to amend Article Seven of the Articles of Incorporation (AOI) and to reflect the change in the business address of ABG and amend the corresponding Third Article of the AOI.

Date of Approval by
Board of Directors
Sep 2, 2025
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable -
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval N/A
Amendment(s)
Article No. From To
Third 8th Floor, Chatham House, 116 Valero St., cor. V.A. Rufino Street, Salcedo Village, Makati City 16th Floor, PMI Tower, Pablo Ocampo Sr. Ext, Makati City.
Seventh That the authorized capital stock of the said corporation is SIX HUNDRED MILLION PESOS (₱600,000,000.00), Philippine Currency, and said capital stock is divided into Six Hundred Million (600,000,000) shares with par value of One Peso (₱1.00) per share. --- Stockholders of the Corporation shall have no pre-emptive rights whatsoever to subscribe to shares of the Company corresponding to the increased capital and which the Board of Directors may from time to time issue. That the authorized capital stock of the said corporation is THREE BILLION PESOS (₱3,000,000,000), Philippine Currency, and said capital stock is divided into Three Billion (3,000,000,000) shares with par value of One Peso (₱1.00) per share. --- The pre-emptive rights of stockholders to any issuance of shares, whether now or hereafter authorized, are hereby denied. Unless otherwise expressly granted by the Board of Directors, no stockholder of the Corporation shall have any preemptive right to subscribe to or purchase any shares of stock of the Corporation. The Board of Directors shall have full authority to issue shares of stock of the Corporation from time to time under such terms and conditions as the Board may determine in accordance with law.
Rationale for the amendment(s)

The proposed amendment was recommended to facilitate the application of increase in its authorized capital stock to accommodate the disclosed share-for-share swap and the share-for-real-estate swap.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC TBA
Expected date of SEC approval of the Amended Articles of Incorporation TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

Upon the SEC’s approval of the application for increase of the authorized capital stock, which will necessarily include the infusion of the operating companies and the real estate, the private placement shall commence for the unissued authorized stocks while ABG simultaneously prepares for the Follow-On Offering.

Other Relevant Information

-

Filed on behalf by:
Name MONINA JANE NAZAL
Designation Associate Lawyer